Mmastodon WorldUS Politics first seen 8 h ago, last 3 h ago, peak #11

Top 0.1% pull away from other rich Americans

Original: # Inequality :🚨"The ultrawealthy aren’t just pulling away from average Americans. Buoyed by a stock-market boom that has

Commentary on US inequality argues the ultrawealthy are not only pulling away from average Americans but also from the merely rich. A stock-market boom has added trillions of dollars to their net worth, with the wealthiest 0.1% of Americans seeing their total wealth grow far faster than other affluent households, deepening concentration at the very top.

Why now: Debate over wealth concentration is intensifying as the stock market boom widens the gap between the ultrawealthy and everyone else.

United Statestop 0.1% wealthiest Americans

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Rank over time, top of the chart is #1. 5 snapshots from 8 h ago to 3 h ago.

Evidence

• # Inequality :🚨"The ultrawealthy aren’t just pulling away from average Americans. Buoyed by a stock-market boom that has added🚨$Ts to their net worth, the extremely rich are even pulling away from other rich Americans. The top 0.1% wealthiest Ams🚨have seen their total wealth… · KimPerales@toad.social · 4

API: https://socialmediatrends-api.osmike.com/v1/trends/511052