Wealth Gap and Global Concentration of Wealth

Tues, June 9, 2026:

• Billionaires’ Billions Are Increasing Faster Than Ever. Elon Musk’s potential new status as a trillionaire demonstrates in real time why there has been such a rapid rise in the concentration of wealth at the top. - NYT

Sun, June 7, 2026:

• The top 1% reap most from tax loophole costing $48 billion. The ETF industry is exploiting the tax break at an unprecedented scale. - Bloomberg

Thurs, June 4, 2026:

• The 2025 Tax Bill was not targeted toward low-income families - TPC

Wed, Jan 21, 2026:

• Wealth inequality in America just hit its widest gap in more than 3 decades - CBS

  • Top 1% of households owned 31.7% of U.S. wealth in the third quarter of 2025, the highest share on record since the Fed began tracking household wealth in 1989.

Mon, Dec 22, 2025:

• Happy K-shaped Christmas. Across the US, high earners are spending while middle- and lower-income households are feeling the pinch. - FT