Wealth Distribution - WARNING Disturbing Content (Patreon)

Wealth distribution is important to understand because it can significantly impact on society. A society with high levels of wealth inequality can experience several negative consequences like poverty, polarization and civil unrest. 

If you want to stand out and succeed, you cannot follow the crowd.

Some key stats which are stunning from a Harvard Business professor and economist who asked more than 5,000 Americans how they thought wealth was distributed in the United States.

• 92% of Americans believe wealth should be more evenly distributed
• The distribution of wealth in the US is highly skewed, with the top 1% owning more than the bottom 90% combined
• Wealth inequality has been growing in recent decades
• Factors contributing to wealth inequality include tax cuts for the wealthy, financial industry deregulation, and decline of unions
• The top 1% owns more wealth than the bottom 90%
• The share of income for the top 1% has nearly tripled in the last 30 years
• The top 1% owns half of the country's stocks, bonds, and mutual funds
• The bottom 50% owns only half a percent of these investments
• On average, a worker needs to work over a month to earn what a CEO makes in one hour

Here are some charts

What people think is ideal, what they think it is and what the actual reality is. 

92% of people think this is the wealth distribution

This is the actual reality of distribution, and it does not even fit on the chart.... The top 1% owns more wealth than the bottom 90% - The top 1% owns half of the country's stocks, bonds, and mutual funds