The Richest Americans Just Keep Getting Richer

The video discusses the distribution of stock ownership in the U.S., highlighting that American households own 89% of all U.S. stocks, a record high. During the COVID-19 pandemic, the top 1% gained over $6.5 trillion in wealth from corporate equities and mutual funds, while the bottom 90% gained $1.2 trillion. The stock market, which nearly doubled since March 2020, was a major source of wealth creation and inequality. The top 1% now holds 32% of total wealth, with 70% of their gains from stocks, marking one of the fastest wealth booms in recent history.

What percentage of U.S. stocks is owned by American households?

• 50%

• 95%

• 70%

• 89%

How much wealth did the top 1% gain in corporate equities and mutual funds during the COVID-19 pandemic?

• $6.5 trillion

• $1.2 trillion

• $10 trillion

• $3 trillion

By what percentage has the stock market increased since March 2020?

• 20%

• 40%

• 60%

• 80%

What percentage of total wealth is now held by the top 1%?

• 50%

• 32%

• 40%

• 25%

What proportion of the top 1%'s wealth gains over the past year and a half came from stocks?

• 60%

• 50%

• 70%

• 80%