Thegrio Politics
@thegriopolitics·150K subscribers·8.3K videos
Wealthiest 10% Own 89% of All Stocks in the United States
Posted
October 19, 2021
Views
204
Likes
14
Comments
4
Engagement
8.82%
October 19, 2021
204
14
4
8.82%
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1:31Now PlayingAccording to CNBC, 89% of all U.S. stocks are now owned by 10% of the wealthiest Americans.
During the COVID-19 pandemic, the top 1% gained more than $6.5 trillion in corporate equities.
Shares of corporate equities and mutual funds owned by the top 10% soared
to new heights in the second quarter.
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