The poorest 50 percent of Americans owned just 5.9 percent of the country’s total assets in Q2 of 2023, according to&nbsp;<a href="https://fred.stlouisfed.org/series/WFRBSB50189">data</a>&nbsp;from the U.S. Board of Governors of the Federal Reserve System.

<a href="https://www.statista.com/chart/30962/share-of-total-assets-in-us-held-by-the-bottom-50-percent/">As Statista's Ann Fleck shows in the following chart</a>, the share of wealth as total assets remained at a low 5.9 percent through the first two quarters of this year, having seen a downtick from 6 percent at the end of 2022.

You will find more infographics at <a href="https://www.statista.com/chartoftheday/">Statista</a>

Since 1989, the peak share of assets held by this group was in Q2 and Q3 of 1995, when it reached just 8.7 percent.

By contrast, data shows that&nbsp;<a href="https://www.statista.com/chart/30961/net-worth-of-the-richest-people-in-the-united-states/">the top 0.1 percent</a>&nbsp;(99.9th to 100th wealth percentiles) of the U.S. held 11.4 percent of total assets in Q2 of 2023 - almost double that of the lowest 50 percent.

...the top 0.1% own 11.4% of total assets (almost double that of the lowest 50 percent)...
{ai:summary}#economy The poorest 50% of Americans own only 5.9% of the country's total assets, while the top 0.1% holds 11.4% - a significant wealth gap that has remained relatively constant since 1989.

America's Poorest Only Own 6% Of Assets

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