truthseekersjournal
By Andrew Lisa | July 14, 2025
According to the Federal Reserve, U.S. households hold $160.35 trillion in combined wealth, which is the value of every American’s assets minus their liabilities.
To say it’s distributed unevenly is too much of an understatement to even qualify as an understatement. The bottom 50% of the country shares less than 3% of that enormous pie, while the most fortunate 10% gorge on nearly all of it.
Here’s a look at how much money each American would have if every person got an equal slice of the country’s wealth.
Next, find out what the economy might look like if net worth was capped at $1 billion.
How Does Just Shy of a Half-Million Bucks Sound? It Depends Who You Ask
According to Google’s Data Commons project, the U.S. is home to roughly 340.11 million people.
If they divvied up the country’s $160.35 trillion jackpot equally, each would have about $471,465. That’s $942,930 per couple. If a couple had two kids, the four of them would be sitting pretty with $1.89 million.
To most in the lower 50%, that probably sounds like a pretty sweet deal. To many in the monied class in the top half, however, a net worth of less than a half-million dollars might as well be a stint in the poorhouse.
Learn More: 4 Secrets of the Truly Wealthy, According To Dave Ramsey
The Haves and Have-Mores Hoard 2/3 of the Pie
Nearly one dollar in three is in the pockets of the top 1%, which owns $49.46 trillion, or 30.8% of America’s combined wealth — but even the 1% has an aristocracy and an underclass.
The heavyweights at the tippy-top of the pyramid in the top 0.1% — about 340,000 people — own $22.14 trillion, or 13.8% of America’s bounty. That leaves the commoners of the 1% — the 99%-99.9% percentile group — to share $27.32 trillion, or 17% of America’s fortune.
Under that are those in the 90%-99% percentile group, who control $58.34 trillion, or 36.4% of the pie. Combined with the 1%, that puts almost exactly two-thirds of America’s wealth in the bank accounts of the top 10%.
90% Share 33% — But They Hardly Share It Equally
Nearly all of the remaining third of America’s wealth — 30.3%, or $48.54 trillion — goes to those in the 50%-90% percentile groups.
That leaves just 2.5%, or $4.01 trillion, for the entire bottom 50% of the country to split. If they split it evenly, which they, of course, do not, that would give each of those 170 million people $23,588.
For context, the 340,000 movers and shakers in the top 0.1% get about $65.12 million each — 2,760 times more.
This article originally appeared on GOBankingRates.com: If Wealth Was Evenly Distributed Across the US, How Much Money Would Every Person Have?
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If wealth was evenly distributed in the U.S. we would be living in communist Russia! Or at least the idea of communist Russia because even in Russia the wealthy billionaires control most of the country’s economy! It is the rest of the world country that lives with shared wealth and that is not working so well for them. Yes, income inequality is a very real thing in this country. The wealth gap is getting worse. However, I do not want to live in a country where the wealth is evenly distributed. Socialism has never worked and is not good for our country. It sounds good in theory but in practice it is a disaster. Everyone would be living in a much lower standard of life and the healthcare system would be non existent. No government services or social safety net.
Chuck you are wrong if not totally, you are at least partially wrong.
According to Copilot: Socialism is a broad political and economic philosophy that emphasizes collective ownership and democratic control of the means of production, distribution, and exchange of goods and services. Instead of private individuals or corporations owning factories, land, or resources, socialism advocates for these to be owned by society as a whole—often through the state, cooperatives, or community organizations.”
Core Concepts
Social ownership: This can take the form of public, cooperative, or employee ownership.
Economic planning: Rather than relying solely on market forces, socialist systems often use planning to allocate resources and meet public needs.
Equality and fairness: Socialism seeks to reduce income inequality and provide universal access to essentials like healthcare, education, and housing.
Production for use: Goods and services are produced to meet human needs, not just to generate profit
So, if you have billionaires in Russia, it is anything but socialism.
It is obvious that if you do not want to live in a country where wealth is evenly distributed, you must be one of the “haves.” The “have not’s” are always willing to try something different. Based on the article, an equal distribution would provide more than a half million dollars to every man woman and child in the US. Every two-part family would be millionaires.
It might be safe to say Chuck that you like being able to go to McDonald’s for breakfast and get an Egg McMuffin, then have a two-martini lunch and a five-star dinner. While the servers at each location take home the leftovers from their respective employers because at $7.25 (Federal minimum wage – Georgia minimum wage $5.15) they can’t even afford to each where they work.
The “haves” always want to keep having and the “have not’s” keep trying to pull themselves up by their worn out, broken and sometimes nonexistent bootstraps.
Well, right or wrong on the socialist income distribution perspective, I’m game on a trial run! There are, however, a host of unanswered questions on how such economy can be managed and maintained. But, no worries, uber wealthy (and other) Americans are entrenched in our capitalist systems that this will never come to fruition!