Capitalist Facts and Stats

4 February 2014 — Us Against Greed

The richest 400 individuals own as much as two-thirds of America and acquired $300 billion, equivalent to almost the entire welfare budget  (SNAP, WIC, Child Nutrition $107 billion; EITC $56 billion; SSI $60 billion; TANF $17 billion; Housing $46 billion)

  • 13 Americans made more from their investments in 2013 than the entire SNAP (food-stamp) budget
  • The richest 400 individuals made an average of $750,000,000 each in 2013.
  • The .01% (12,000 families) added about $40,000,000 each.
  • The .1% (120,000 families) made about $3,600,000 each.
  • The rest of the 1% (1,068,000 families) made over $830,000 each.
  • Distribution of Stock Ownership across Households  1,200,000 households took 38.3% of $4.7 trillion, or $1.8 trillion
  • The 2-5% (4,800,000 households) made about $300,000 each.
  • The 6-10% (6,000,000 households) made about $95,000 each.
  • The 11-20% (12,000,000 households) made about $39,000 each.
  • The 21-40% (24,000,000 households) made about $13,000 each.
  • The 41-60% (24,000,000 households) made about $4,000 each
  • The 61-80% (24,000,000 households) made about $333 each.
  • The bottom 20% (24,000,000 households) made nothing

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