Top 0.1% wealth more than doubled since 2019, Fed data shows

Verifying
  • The wealthiest 0.1% of Americans more than doubled their total wealth since late 2019.
  • A stock-market boom added trillions of dollars to the ultrawealthy’s net worth.
  • The ultrawealthy began separating from other rich groups in 2020, according to Fed data analysis.
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