Typical Americans Suffer Major Fall in Wealth
Summary
A report by UBS shows that typical Americans have lost wealth between 2020 and 2025, while the richest Americans have grown richer. The median wealth, which represents the middle person’s assets, has dropped after adjusting for inflation, even though average wealth has risen.Key Facts
- Median wealth per adult in the U.S. fell significantly from 2020 to 2025 after adjusting for inflation.
- Average wealth per adult increased, driven by gains among the wealthiest Americans.
- The U.S. has the second-highest average wealth per adult at $696,277 but a much lower median wealth of $68,998.
- Americans created over 441,000 new millionaires in 2025, about 1,200 each day, nearly half of all new millionaires worldwide.
- The U.S. holds 35.7% of global personal wealth among the markets studied by UBS.
- Wealth inequality in the U.S. is high, with a wealth Gini coefficient of 0.77, ranking sixth among 56 markets.
- The U.S. ranks 2nd in average wealth but only 28th in median wealth, showing wealth gains are concentrated in the top households.
- Wealth affects economic mobility since it helps with buying homes, education, and starting businesses; declining median wealth suggests fewer resources for many families.
Read the Full Article
This is a fact-based summary from The Actual News. Click below to read the complete story directly from the original source.