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 increase has the stock market seen since the March 2020 drop?

What was the main source of wealth creation in America during the pandemic?