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this post was submitted on 26 Jun 2025
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It's not the 1% it's the 0.01%.
I initially knee-jerk disagreed, thinking it's gotta be all those rich bastards, but then I checked the numbers. The top 0.1% of the US had $22.19 trillion in wealth in Q1 2025. Zoom out to the top 1% and it was $27.2 trillion.
Yeah, it's the fucking 0.1%.
What if you zoomed to 0.01%?
The trend reverses?
Obviously, I just wanted to know how much is the difference between 0.1% and 0.01%
I was annoyed that no one was answering this because I was tacitly curious too. For what its worth, it was kinda difficult to find a current figure, but in 2021 it was 11% of the global wealth or $51.81 trillion. The top .1% only has about $56 trillion from what I can tell.
So even in that bracket, the ultra-super pro max wealthy own 90%+ of the top .1% of global wealth if my numbers are even remotely correct. That list would be the world's 810,000 most wealthy individuals.
Dang, nice research. I literally has no idea how to find those figures. As I expected, wealth is super concentrated at the top even amongst the 0.1%. Thanks for satisfying my curiosity.
I've heard some actual numbers thrown about that are in the triple digits. Like if you cap the top 230 most wealthy people at a billion (or 10) US, we could build a shitton of lead free aquaducts or whatever your favorite 'metric of the commons' is.
My guess is that greed approaches infinity the more you zoom.