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Wealth Gap Widens: Top 10% Gains $5 Trillion in Q2

10/4/2025

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Summary

Story summary

Top 10% gained $5 trillion in wealth in Q2 2025, reaching $113 trillion, according to the Federal Reserve.
Top 1% added $4 trillion to $52 trillion; top 0.1% nearly doubled to over $23 trillion since the pandemic.
Bottom 50% held $4.1 trillion, down 26.1% since 1989.
Billionaires rose from 66 in 1989 to 905 in 2025, with a combined wealth of $7.8 trillion.

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Story summary

Top 10% gained $5 trillion in wealth in Q2 2025, reaching $113 trillion, according to the Federal Reserve.
Top 1% added $4 trillion to $52 trillion; top 0.1% nearly doubled to over $23 trillion since the pandemic.
Bottom 50% held $4.1 trillion, down 26.1% since 1989.
Billionaires rose from 66 in 1989 to 905 in 2025, with a combined wealth of $7.8 trillion.