The top 10% owns 87% of the stocks in this country.
They also own 84% of the private businesses, 44% of real estate and two-thirds of overall wealth.
These numbers have all increased since 1989 as well — total wealth (60.8% to 67.3%), stocks (81.7% to 87.2%), private businesses (78.4% to 84.4%) and real estate (38.2% to 43.9%).
According to The Wall Street Journal, the top 10% also accounts for 50% of all consumer …
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Author : Ben Carlson