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Home / World / Wealth Disparity in America: Impact of Biden's Presidency

Wealth Disparity in America: Impact of Biden's Presidency

Wealth Disparity in America: Impact of Biden's Presidency
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World March 26, 2025 15:42

washington - The richest half of Americans own 97.5% of wealth, while the poor saw improvements under Biden. Wealth statistics compared to the Netherlands.

Wealth Distribution in America

The richest half of American households possess around 97.5% of the national wealth.

Impact of Biden's Presidency

  • 67 million households saw a $1250 billion increase in wealth under Biden.
  • 133,000 wealthiest households saw a $6000 billion rise, driven by asset values.

Wealth Disparity

  • The top 10% of Dutch households own 56% of national wealth, totaling nearly €1500 billion.
  • Low-income Americans faced rising consumer credit with high interest rates.
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