You Searched For "Wealth Distribution" and got 20 results
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3 mins read
Millennial wealth is booming. It turns out avocado toast didn't tank them after all.
It turns out that, after killing off brands and choosing avocado toast over homeownership, millenni…
Juliana Kaplan
6 mins read
Forget red and blue: America's real geographic divide is between bosses and their employees
Executives in New York, call centers in Orlando: American cities are facing a growing power imbalan…
Ned Resnikoff
2 mins read
How much wealth you need to be in the top 1% in countries around the world
Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…
Noah Sheidlower
7 mins read
Millennials have a fresh take on the FIRE movement, and it's less about taking it easy in retirement
As part of the FIRE movement, many millennials are looking to achieve financial independence but ar…
Noah Sheidlower,Kathleen Elkins
7 mins read
Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy
Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …
Juliana Kaplan
3 mins read
Incomes are either rising too slowly or falling at the lower end of the bracket
India’s gross domestic product (GDP) has been growing at a much faster clip than expected — most go…
9 mins read
'My kids can have whatever's left over': the myth of the Great Boomer Wealth Transfer
Boomers hold half of America's wealth — but they're going to spend it on themselves before th…
Ann C. Logue
8 mins read
America's economy is being wildly mismeasured
Polls are fueling "pessimism inflation" — and it's going to make the next recession even more…
George Pearkes
1 min read
Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…
Yuheng Zhan
5 mins read
Women distributors rake in the moolah as investors across Bharat say Mutual Funds Sahi Hai
As the equity cult travels deeper into India, many women like Jigna have found their calling as adv…
2 mins read
One billionaire was minted every 30 hours during the pandemic. Now, a million people may fall into extreme poverty every 33 hours, Oxfam estimates.
In 2021, China minted 62 new billionaires, including Chris Xu, the founder of online fashion giant …
Katie Boon
3 mins read
How universal basic income would work best — and it might not be monthly cash payments, a Nobel prize winner's new research suggests
The longest-running universal basic income study suggests a lump-sum payment, rather than monthly c…
Ayelet Sheffey
2 mins read
Wealth per adult: India growing 2X that of global average but still 1/5th in real terms
Indian wealth per adult has been growing 8.7% per annum from the start of the millennium and was at…
2 mins read
The wealthiest Americans now own almost all of the stock market - 89% to be exact
The stock market has seen a robust recovery after a pandemic dip. The wealthiest Americans are the …
Juliana Kaplan,Andy Kiersz
2 mins read
Self-employed people are 4 times wealthier than workers, on average
Wages for American workers have been shrinking for decades. Their self-employed peers tend to have …
Juliana Kaplan
2 mins read
Meet the typical millionaire: College-educated people in their 50s and 60s who own a home and lots of stocks
Over 12% of American families are millionaires, many of whom are ages 55 to 74, per a new Federal R…
Noah Sheidlower
2 mins read
A 2% global tax on all billionaires could raise $250 billion annually, a research report backed by a Nobel Prize-winning economist says
The EU Tax Observatory estimated that a 2% global minimum tax would raise close to $250 billion ann…
Grace Dean
3 mins read
Biden is reportedly getting even more serious about taxing the wealthy
Biden is looking at raising more revenue and has said Americans earning over $400,000 can expect hi…
Juliana Kaplan
3 mins read
These 2 charts show how the racial wealth gap has gotten even wider over the years
White households in total held $103.4 trillion of wealth in the last quarter of 2020, a $9.58 trill…
Juliana Kaplan,Madison Hoff
2 mins read
One chart shows how the top 1% of Americans have grown their wealth in the past 20 years
The top 1% of US households held $38.61 trillion of wealth in the last quarter of 2020, a $4 trilli…