With the recent Occupy Wall Street Movement, the people of the United States keep hearing about the top 1%. How much of the United State's wealth rests in the hands of the wealthiest top 1% of people?

Question

Social Studies

Amiah Haynes

18 August, 17:54

With the recent Occupy Wall Street Movement, the people of the United States keep hearing about the top 1%. How much of the United State's wealth rests in the hands of the wealthiest top 1% of people?

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Brogan Cline · Answer 1

The correct answer is 1/3

A third of all wealth is owned by the top 1%, while the top 0.1% owns as much as the bottom 90% of the people. That's why the protests were held.