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Home » Latest » Global CEO Forum » The Richest 1% Of U.S. Households Saw Their Net Worth Rise By $4 trillion

Global CEO Forum

The Richest 1% Of U.S. Households Saw Their Net Worth Rise By $4 trillion

Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBAProf. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBAGlobal CEO Forum

The richest 1% of Americans saw their net worth rise by $4 trillion in 2020 (or captured about 35.2% of the extra wealth generated nationwide), according to the latest data available from the U.S. Federal Reserve. The poorest half of the population, by contrast, got about 4% of overall gains ($470.6 billion).

Widening wealth gaps: Richest U.S. households took the majority of the overall gains in 2020

  1. Top 1%
    Annual change: $4,028.3 billion
    Share: 35.2%
  2. Next 9%
    Annual change: $3,978.8 billion
    Share: 34.8%
  3. Next 40%
    Annual change: $2,969.2 billion
    Share: 25.9%
  4. Bottom 50%
    Annual change: $470.6 billion
    Share: 4.1%

Note: Number of households represented by the top 1% 1,277,564, next 9% 11,509,938, next 40% 51,158,278, bottom 50% 63,949,595.

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Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA

Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA

Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, is a publishing executive and economist who serves as CEO and Editor-in-Chief of CEOWORLD Magazine, one of the world's most influential and widely read business publications. He also chairs its Advisory Board, shaping the magazine’s editorial vision and global strategy.

Dr. Amarendra earned his Ph.D. in Finance and Banking from the European Global School, Paris, a Doctorate in Chartered Accountancy from the European International University, Paris, and a Doctorate in Business Administration (DBA) from Kyiv National University of Technologies and Design (KNUTD), Ukraine. He also holds an MBA in International Relations and Affairs from the American University of Athens, Alabama.

Equal parts economist, strategist, and publishing visionary, Dr. Amarendra has built CEOWORLD Magazine into a trusted platform where CEOs, executives, and high-net-worth leaders turn for ideas that matter and insights that last.

Prof. Dr. Amarendra Bhushan Dhiraj, Ph.D., DBA, serves on the Executive Council at CEOWORLD Magazine. Follow him on LinkedIn, Facebook, and Twitter for insights, or explore his official website to learn more about his work.
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