How much would each US resident receive if all Americans' money were divided equally - ForumDaily
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How much would each US resident get if all Americans' money was divided equally?

If America's wealth were distributed equally, how much money would each person receive? GoBankingRates decided to count it.

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According to the Federal Reserve, total household wealth in the United States is $160,35 trillion—that's the value of all of Americans' assets minus their debt.

To call this uneven distribution is an understatement. The bottom 50% of the population owns less than 3% of all wealth, while the richest 10% control almost everything else.

Here's how much each American would receive if all the nation's wealth were divided equally.

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Half a million per person

According to Google's Data Commons project, there are approximately 340,11 million people living in the United States.

If you split $160,35 trillion equally among everyone, each person would get about $471, or $465 for a married couple. If the couple had two children, a family of four would get $942 million.

For most of the bottom 50% of the population, this sounds like a great deal, while for the top 10%, a net worth of less than $500 may seem like a pittance.

Hierarchy of rich and poor

Almost every third dollar is in the hands of the top 1%, who own $49,46 trillion, or 30,8% of U.S. wealth. But even within that XNUMX%, there is a hierarchy.

The top 1% is led by the top 0,1%, about 340 people, who account for $000 trillion, or 22,14% of total wealth. The rest of the 13,8% is the group of wealthy people from the 1th to 99%, who share $99,9 trillion, or 27,32%.

Next come the top 90% to 99%, with $58,34 trillion, or 36,4%. Collectively, the top 10% own almost exactly two-thirds of U.S. wealth.

90% of the population owns the remaining 33%, but this division is far from equal.

Almost all of the remaining third—$48,54 trillion, or 30,3 percent—is owned by the 50 percent to 90 percent group.

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The bottom 50% of the income bracket receives just 2,5%, or $4,01 trillion. If that money were divided equally among 170 million people, each would receive $23.

By comparison, the top 340% of wealthiest 000 people have an average of $0,1 million each—65,12 times more than the bottom 2760%.

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