Wealth and Asset Management
The Wealth Gains That Made 2020 a Banner Year for the Richest 1%
The rich got richer in the U.S. last year, as wealth created by rebounding stock and real-estate markets skewed toward high earners. The richest 1% of households saw their net worth rise by some $4 trillion in 2020, meaning that they captured about 35% of the extra wealth generated nationwide,…
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Click here to read the full story: Bloomberg