Friday, Oct 21st

Last update05:20:13 AM GMT

You are here News Economy Forget about the "1%." Top "0.1% pulling ahead more

Forget about the "1%." Top "0.1% pulling ahead more

E-mail Print PDF

wealthiest americansThe "top 1%" might be the primary target of the masses' ire and envy, but it's actually the top 0.1% who are grabbing a bigger slice of wealth.

The average household in the top 1% pulled in earnings of $1,264,065 in 2012, according to a just-released analysis by investment firm Sadoff Investment Research. That's 41 times greater than the $30,997 average income of Americans.


Most Recent Related Stories...

SEC charges hedge fund manager Leon Cooperman, Omega Advisers with insider trading

SEC charges hedge fund operator with insider tradingBillionaire Leon Cooperman and his Omega Advisors hedge fund were charged Wednesday with insider trading, the...

Robots will eliminate 6% of all US jobs by 2021, report says

Robots to eliminate 6% of jobsBy 2021, robots will have eliminated 6% of all jobs in the US, starting with customer...

Deutsche Bank faces new blow as Justice Department demands record $14B

Deutche bankDeutsche Bank faces the prospect of having to tap shareholders for more cash after the U.S....

Donald Trump's other blood sport

Trump's other blood sportHis name was Fedor and other men feared him. He had a shaved head, deadpan eyes...
America's # 1 Enemy
Tee Shirt
& Help Support!
TVNL Tee Shirt
Conserve our Planet
& Help Support!
Get your 9/11 & Media
Deception Dollars
& Help Support!
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!