Wealth Inequality - Inequality.org
WEBAccording to Institute for Policy Studies analysis of Forbes data, the combined wealth of all U.S. billionaires increased by $2.071 trillion (70.3 percent) between March 18, 2020 and October 15, 2021, from approximately $2.947 trillion to $5.019 trillion. Of the more than 700 U.S. billionaires, the richest five (Jeff Bezos, Bill Gates, Mark ...
Inequality.org
WEBAug 29, 2024 · is your online portal to data, analysis, and commentary on income and wealth inequality. You'll find on these pages information and insights that can help you better understand our deeply unequal world — and how we can work to change it. Inequality.org comes to you as a project of the Washington, …
Income Inequality - Inequality.org
WEBOver the past five decades, the top 1 percent of American earners have nearly doubled their share of national income, according to figures in the World Inequality Database.Meanwhile, the Census Bureau’s “official” poverty rate for all U.S. families has merely inched up and down. In 2011, the Census Bureau began publishing a “supplemental” poverty measure that is more accurate but ...
Global Inequality - Inequality.org
WEBGlobal Wealth Inequality. According to the UBS Global Wealth Report, in 2023 the world’s richest 1 percent, those with more than $1 million, owned 47.5 percent of all the world’s wealth – equivalent to roughly $214 trillion. Adults with less than $10,000 make up nearly 40 percent of the world’s population, but hold less than 1 percent ...
Total U.S. Billionaire Wealth: Up 88 Percent over Four Years
WEBMar 18, 2024 · On that day, the United States had 614 billionaires who owned a combined wealth of $2.947 trillion. Four years later, on March 18, 2024, the country has 737 billionaires with a combined wealth of $5.529 trillion, an 87.6 percent increase of $2.58 trillion, according to Institute for Policy Studies calculations of Forbe s …
Racial Economic Inequality - Inequality.org
WEBRacial Income Inequality. In 2021, Fortune 500 CEOs, who earned $18.3 million on average, included just four Black and 17 Latino people — just 4 percent of the total. By contrast, these groups made up 43 percent of the U.S. workers who would benefit from a raise in the federal minimum wage to $15 per hour by 2025, according to Institute for ...
Gender Economic Inequality - Inequality.org
WEBGender Poverty Gaps. The gender poverty gap has not improved significantly over the past half decade. In 1966, 12.1 percent of women and 8.4 percent of men aged 18-64 lived below the official poverty line. In 2021, 11.7 percent of women in this age group were living in poverty, compared to 9.3 percent of men.
Updates: Billionaire Wealth, U.S. Job Losses and Pandemic Profiteers
WEBMar 18, 2024 · September 17, 2024 update 801 U.S. billionaires hold a combined $6.22 trillion in wealth. There are now 801 billionaires based in the United States with a combined wealth totaling $6.22 trillion, according to an Institute for Policy Studies analysis of the Forbes Real Time Billionaire List.. The total number of billionaires is down 11 people as of September 13, 2024 from April when Forbes ...
It’s Not ‘Inflation’ — We’re Just Getting Ripped Off. Here’s Proof.
WEBFeb 5, 2024 · Our new report for the Groundwork Collaborative finds that corporate profits accounted for more than half — 53 percent — of inflation from April to September 2023. That’s an astronomical percentage. Corporate profits drove just 11 percent of price growth in the four decades prior to the pandemic. Businesses have been quick to blame rising ...
Inequality and Covid-19 - Inequality.org
WEBAccording to APM Research Lab, white and Asian Americans have substantially lower Covid-19 mortality rates than those of other racial and ethnic groups. Between the start of the pandemic and October 2, 2022, indigenous people suffered 582 deaths per 100,000 people – more than twice the death rate for whites and Asians.