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" According to the latest wealth data of the Federal Reserve Board in the Flow of Funds, the total net worth of households is around $56.8 trillion.27 The wealth of the top 1 percent is therefore around $20.6 trillion. With roughly 113 million households, the average wealth of the richest 1 percent is roughly $18.2 million per household. "

Jeffrey D. Sachs , The Price of Civilization


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Jeffrey D. Sachs quote : According to the latest wealth data of the Federal Reserve Board in the Flow of Funds, the total net worth of households is around $56.8 trillion.27 The wealth of the top 1 percent is therefore around $20.6 trillion. With roughly 113 million households, the average wealth of the richest 1 percent is roughly $18.2 million per household.