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Millionaires in the U.S.

Everyone is always curious how much money someone else has. It seems weird that so many people online are multi multi millionaires. Well the data tells a different story. Below is a chart that shows the net worth at different age groups to be in the top 75%, 25%, or 10% of net worth. It might surprise you to see how much of a difference there is between the people in the top 25% and 10%. Also it surprised me how low the top 10% of people are. Not that 2 million+ dollars is not a lot of money but assuming most people have tens of millions is the wrong assumption. That is reserved for the top 1% or even top .5%. So next time you see someone bragging about having $5 million dollars remember this is the exception to the rule and not the rule. Those people sometimes just speak the loudest.

Net Worth in the top 75%, 25%, 10% for Different Age Groups