THE BASIS POINT

Top 10% of Americans earn $349,000 (and other income stats)

 

Some good stats about wealth in and outside the U.S. from my friend Alex Teodoro, an investment advisor here in the Bay Area:

– There are 2,160 billionaires in the world.

– The combined wealth of these billionaires is $6.2 trillion.

– There are 187,380 people in the world worth at least $30 million.

– The combined wealth of the people worth $30 million or more is $25.8 trillion.

– 18 of the 40 richest people in the world are from the United States.

– The net worth of the median American family in 2010 was $77,300.

– The net worth of the median American family in 2007 was $126,400. The majority of the decline in net worth between 2007 and 2010 was due to the crash in housing prices.

– The top 10 percent of American households had an average income of $349,000 in 2010.

– The average net worth of these top 10 percent households was $2.9 million.
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Sources:
Alex Teodoro, CNBC, Bloomberg, New York Times

 

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