The average American's net worth is $620,654, but that's misleading [View all]

[True Dough]

because it takes into account the net worth of the country's billionaires, which inflates the average.

The median worth among Americans is $124,041 (all figures as of 2024).

In fact, by this measure, America is only the 15th wealthiest country in the world, lagging behind Australia, Canada, New Zealand and Italy. By comparison, the U.S. is the second wealthiest country based on average wealth.

This immense gap between average and median wealth is a reflection of America’s exceptionally high wealth inequality.

https://finance.yahoo.com/news/average-american-net-worth-620-121500111.html


Trump has only made this worse with his policies and legislation that benefit the ultra-rich.