52 in 2023. New York has the greatest income inequality in the United States. What makes this particularly striking is the sheer magnitude of the divide. 2 million and the average income of the bottom ...
Global wealth is concentrated at the top. This is true for all countries to varying degrees. Yet—according to the World Inequality Database—in almost all nations, the richest 10% hold more than 50% of ...
Ray Dalio, billionaire founder of Bridgewater Associates, once warned that if America didn’t address its widening wealth gap, the rich might soon face mobs with pitchforks. Dalio stated, "I believe ...
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