Signal US per capita wealth is $17.5 million in the top 1% against $9,600 in the bottom half

Summary

MGI notes in an endnote that the US average conceals a wide distribution, with per capita wealth of $17.5 million among the top 1 percent of Americans by wealth against $9,600 among the bottom 50 percent, and that in purchasing power parity terms the bottom half of Americans hold less per capita wealth than their counterparts in Australia, Canada, Japan, South Korea, the United Kingdom, major eurozone countries, and China.