Mmastodon WorldUS Politics first seen 2 h ago, last 9 min ago, peak #11

Top 0.1% pulling 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 widening the gap with average Americans but also with other wealthy households. A stock-market boom has added trillions of dollars to the net worth of the richest, and the top 0.1% wealthiest Americans have seen their total wealth surge, concentrating fortunes at the very top of the economic ladder.

Why now: Rising stock markets and growing wealth-concentration figures are renewing debate over extreme inequality in the United States.

United Statestop 0.1% wealthiest Americans

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Rank over time, top of the chart is #1. 2 snapshots from 1 h ago to 9 min 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