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Name

Net Worth

Average Net Worth 2007

Loss From Collapse

$557,800
Bill Gates
Warren Buffett
Larry Ellison
Christy Walton
Charles Koch
David Koch
Jim Walton
Alice Walton
Robson Walton
Michael Bloomberg
Larry Page
Sergey Brin
Sheldon Adelson
George Soros
Michael Dell
Steve Ballmer
Paul Allen
Jeff Bezos

54,000,000,000
45,000,000,000
27,000,000,000
24,000,000,000 3 Year Change
21,500,000,000
21,500,000,000
20,100,000,000
20,000,000,000
19,700,000,000
18,000,000,000
15,000,000,000
15,000,000,000
14,700,000,000
14,200,000,000
14,000,000,000
13,100,000,000
12,700,000,000
12,600,000,000

Anne Cox Chambers


John Paulson
Donald Bren
Abigail Johnson
Phil Knight
Carl Icahn
Ronald Perelman
John Mars
Jaqueline Mars
Forrest Mars
George Kaiser
James Simons
Len Blavatnik
Steve Cohen
Edward Johnson
Philip Anschutz
James Goodnight
Mark Zuckerberg
Jack Taylor
Rupert Murdoch
Samuel Newhouse
Jim Kennedy
Blair Parry-Okeden
Steve Jobs
Andrew Beal
Eli Broad
Harold Hamm
Patrick Soon-Shiong
Pierre Omidyar
Eric Schmidt
Donald Newhouse
Charles Butt
John Menard
Charles Ergen
Richard Kinder
David Geffn
Harold Simmons
Ray Dalio
Frederik G.H. Meijer
Dennis Washington
Ira Rennert
Ralph Lauren
Sam Zell
Richard DeVos
Ray Lee Hunt
David Tepper
Richard LeFrak
Lester Crown
Leonard Lauder
John Paul Dejoria
Micky Arison
Bruce Kovner
Robert Rowling
Stephen Schwarzman
Roger Wang
Robert Bass
Charles Johnson
Robert Ziff
Daniel Ziff
Dirk Ziff
Marian MacMillan Pictet
Whitney MacMillan
Cargill MacMillan
Pauline MacMillan Keinath
Charles Schwab
Rupert Johnson
Thomas Frist
Ray Dolby
Victor Fung
Leonard Stern
Gordon Moore
William Koch
Henry Kravis
Henry Ross Perot
John Sall
Haim Saban
John Sobrato
John Arnold
George Lucas
Ron Burkle
Ann Walton Kroenke
Daniel Och
Ron Burkle
Scott Duncan
Stephen Ross
George Roberts
Edward Lampert
William Cook
Robert Holding
Randa Williams
Dannine Avara
Milane Frantz

12,500,000,000
12,400,000,000
12,000,000,000
11,300,000,000
11,100,000,000
11,000,000,000
11,000,000,000
10,000,000,000
10,000,000,000
10,000,000,000
9,400,000,000
8,700,000,000
7,500,000,000
7,300,000,000
7,100,000,000
7,000,000,000
6,900,000,000
6,900,000,000
6,500,000,000
6,200,000,000
6,200,000,000
6,200,000,000
6,200,000,000
6,100,000,000
600,000,000
6,000,000,000
5,800,000,000
5,600,000,000
5,500,000,000
5,450,000,000
5,400,000,000
5,300,000,000
5,200,000,000
5,200,000,000
5,200,000,000
5,100,000,000
5,000,000,000
5,000,000,000
4,900,000,000
4,500,000,000
4,500,000,000
4,400,000,000
4,400,000,000
4,300,000,000
4,300,000,000
4,300,000,000
4,300,000,000
4,200,000,000
4,200,000,000
4,200,000,000
4,100,000,000
4,100,000,000
4,100,000,000
4,100,000,000
4,100,000,000
4,000,000,000
4,000,000,000
4,000,000,000
4,000,000,000
4,000,000,000
3,800,000,000
3,800,000,000
3,800,000,000
3,800,000,000
3,700,000,000
3,700,000,000
3,600,000,000
3,600,000,000
3,550,000,000
3,500,000,000
3,500,000,000
3,400,000,000
3,400,000,000
3,400,000,000
3,400,000,000
3,400,000,000
3,300,000,000
3,300,000,000
3,250,000,000
3,200,000,000
3,200,000,000
3,200,000,000
3,200,000,000
3,100,000,000
3,100,000,000
3,100,000,000
3,100,000,000
3,100,000,000
3,100,000,000
3,100,000,000
3,100,000,000
3,100,000,000

Paul Tudor Jones


Terrence Pegula
trevor Rees-Jones
Steven Spielberg
Bruce Halle
James Jannard
Leon Black
Ted Lerner
John Malone
Riley Bechtel
Stanley Druckenmiller
Leslie Wexner
Kirk Kerkorian
Stephen Bechtel
Joan Tisch
Sumner Redstone
Barbara Piasecka Johnson
Ronald Lauder
Philip Falcone
Peter Kellogg
Patrick McGovern
David Murdock
Stanley Kroenke
Oprah Winfrey
Steven Udvar-Hazy
Timothy Headington
David Green
James Leprino
Nancy Walton Laurie
David Sun
Edgar Bronfman Sr
Mitchell Rales
John Tu
Malcolm Glazer
Charles Dolan
Warren Stephens
Richard Schulze
Igor Olenicoff
Donald Schneider
Archie Aldis Emmerson
Mark Cuban
Mary Alice Dorrance Malone
William Hilton
John Anderson
David Rockefeller
Ty Warner
Donald Trump
Martha Ingram
Tome Gores
Ken Griffin
Richard Rainwater
Doris Fisher
Steven Rales
Rodney Lewis
Nicolas Berggruen
Julian Robertson
A. Jerrold Perenchio

3,000,000,000
3,000,000,000
3,000,000,000
3,000,000,000
3,000,000,000
3,000,000,000
3,000,000,000
3,000,000,000
3,000,000,000
2,900,000,000
2,900,000,000
2,900,000,000
2,900,000,000
2,900,000,000
2,800,000,000
2,800,000,000
2,800,000,000
2,800,000,000
2,800,000,000
2,800,000,000
2,700,000,000
2,700,000,000
2,700,000,000
2,700,000,000
2,700,000,000
2,650,000,000
2,600,000,000
2,600,000,000
2,600,000,000
2,600,000,000
2,600,000,000
2,600,000,000
2,600,000,000
2,600,000,000
2,500,000,000
2,500,000,000
2,500,000,000
2,500,000,000
2,500,000,000
2,500,000,000
2,500,000,000
2,500,000,000
2,500,000,000
2,400,000,000
2,400,000,000
2,400,000,000
2,400,000,000
2,400,000,000
2,400,000,000
2,300,000,000
2,300,000,000
2,300,000,000
2,300,000,000
2,250,000,000
2,200,000,000
2,200,000,000
2,200,000,000

David Shaw
Glen Taylor
Jack Dangermond
Ronda Stryker
Bill Gross
Willaim Randolf Hurst
Robert Friedland
Edward Roski
Michael Milken
Stewart Rahr
Diane Hendricks
jeremy Jacobs
Henry Hillman
William Wrigley
Wayne Huizenga
Herbert Kohler
Lee Bass
George Mitchell
Sid Bass
Gordon Getty
Lynn Schusterman
Alfred Taubman
Phillip Ruffin
David Robenstein
Phillip Frost
William Conway
Daniel DAniello
Robert Rich
Peter Peterson
Mortimer Zuckerman
H. Fisk Johnson
S. Curtis Johnson
Winnie Johnson Marquart
Helen Johnson Leipold
Imogene Powers Johnson
Bennett Dorrance
Jerry Jones
Amos Hostetter
Ted Turner
James Cargill
Austen Cargill
Marianne Liebmann
Walter Scott
Reyes Jude
Reyes Christopher
Wilbur Ross
Michael Jaharis
Steve Wynn
Alan Casden
Jeffrey Hildebrand
Albert Ueltschi
Jess Jackson
Isreal Englander
Fredrick Smith
Austin Hearst
Phoebe Hearst Cooke
George Hearst
Marc Benioff
Jerry Speyer
Kelcy Warren
James Coulter
Fred DeLuca
Peter Buck
Jim Davis
Jeff Greene
Neil Bluhm
David Bonderman
Dean White
David Hearst
Charles Munger
Stanley Hubbard
Clemie Spangler
Bradley Hughes
Thomas Siebel
Michael Ilitch
Henry Samueli
John Catsimatidis
Alexander Rovt

2,200,000,000
2,200,000,000
2,200,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,100,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
2,000,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,900,000,000
1,850,000,000
1,850,000,000
1,850,000,000
1,850,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,800,000,000
1,750,000,000
1,750,000,000
1,700,000,000
1,700,000,000
1,700,000,000
1,700,000,000
1,700,000,000
1,700,000,000
1,700,000,000

Louis Bacon
Alec Gore
Clayton Mathile
Randal Kirk
Thomas Kaplan
Craig McCaw
Isaac Perlmutter
Glenn Dubin
William Connor
S. Truett Cathy
Bharat Desai
Stephen Mandel
George Argyros
Ken Fisher
Manuel Moroun
Leandro Rizzuto
Barbara Carlson Gage
Thomas Pritzker
Ted Forstmann
Marilyn Carlson
Michael Heisley
John Marriott
John Doerr
Wilma Tisch
Min Kao
Anita Zucker
Penny Pritzker
Thomas Friedkin
Leon Cooperman
Robert Kraft
Richard Peery
Charles Brandes
S. Daniel Abraham
Edward Bass
Brad Kelley
Henry Nicholas
Richard Marriott
David Gottesman
Norman Braman
Bernard Marcus
Joe Jamail
George Lindemann
Edward DeBartolo
Kavitark Ram Shriram
Drayton McLane
John Pritzker
Michael Price
Gary Michelson
Robert McNair
John Arrillaga
Romesh Wadhwani
Dustin Moskovitz
T. Boone Pickens
Gerald Ford
Anthony Pritzker
Jay Robert Pritzker
Thomas Peterffy
Henry Ross Perot Jr
James Irsay
Joseph Craft
Roger Penske
Ron Baron
Jonathan Nelson
James Kim
James Pritzker
Billy Joe McCombs
John Morgridge
Stephen Bisciotti
Ray Davis
Thomas Lee
Richard Chilton
Marc Lasry
Linda Pritzker
Karen Pritzker
Jean Pritzker
Daniel Pritzker
Christopher Goldsbury
James Dinan
Richard Hayne
Leon Charney
Vinod Khosla
Michael Moritz
Evgeny Shvidler
Pat Stryker
Carl Berg
John Fisher
Herbert Simon
John Stryker
David Duffield
C. Dean Metropoulos
Joseph Mansueto
Tom Golisano
Henry Swieca
Alfred Mann
Bernard Saul
Aubrey McClendon
Joshua Harris
Marc Rowan
Gary Magness
Scott Cook
Johnelle Hunt
Meg Whitmand
Malone Mitchell
Todd Wagner
Barry Diller
Thomas Barrack
Charlotte Colket Weber
Sheldon Solow
Arthur Blank
Alfred James Clark
Richard Scaife
Alan Gerry
Alexander Knaster
Peter Sperling
Jerry yang
David Filo
Eduardo Saverin
Bruce Karsh
Howard Marks
Kenneth Adams
Peter Thiel
Matthew Bucksbaum
Dan Snyder
Frank Fertitta
William Moncrief
Steve Case
Nelson Peltz
Kenny Troutt
Alexander Spanos
Sidney Kimmel
William Macauley
Hope Hill Van Beuren
Kenneth Langone
Edmund Ansin
Irwin Jacobs
Peter Lewis
John Sperling
Tom Benson
Elaine Wynn
Samuel Wyly
Nicholas Pritzker
Tamara Gustavson
Donald Hall
Michael Krasny
Lorenzo Fertitta
Patrick Ryan
George Joseph
Arturo Moreno
Thomas Secunda
Jeffrey Lurie
William Ford Sr
Darwin Deason
Herbert Allen
John Brown
John Edson

1,700,000,000
1,700,000,000
1,700,000,000
1,700,000,000
1,700,000,000
1,650,000,000
1,650,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,600,000,000
1,550,000,000
1,550,000,000
1,550,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,500,000,000
1,450,000,000
1,450,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,400,000,000
1,350,000,000
1,350,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,300,000,000
1,250,000,000
1,250,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,200,000,000
1,150,000,000
1,150,000,000
1,150,000,000
1,150,000,000
1,150,000,000
1,150,000,000
1,150,000,000
1,150,000,000
1,150,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,100,000,000
1,050,000,000
1,050,000,000
1,050,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000
1,000,000,000

Forbes Total Net Worth

1,365,800,000,000.0

Net Worth Est.

1,707,250,000,000.0

Average Net Worth 2010

$126,280

Households in US

$431,520

Net Worth of All US Households

112,611,029

$48,593,911,234,080

1,707,250,000,000.0

Avg Net Worth Bottom


20%
105,200

Avg Net Worth Bottom


20-40%
135,000

31.80%

1.1

3 Year Change
Avg Net Worth Bottom 20%

Whites Net Avg Net Worth

Avg Net Worth Bottom 20-40% Avg Net Worth Bottom 40-60%
Avg Net Worth Bottom 60-80% Avg Net Worth Bottom 80-90%
Avg Net Worth Bottom 90-100%
105,200
135,000
210,400
375,800
609,100
3,315,600
31.80%
1.1
-1.6
0.2
13.2
18.8
Non-Whites Net Avg Net Worth
171,200
28,300

Net Worth Employee


94,000
Net Worth Management

Home Equity as % of Household Net Worth


1999
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010

Net Worth Self-Employed


Net Worth Retired
388,700

Other
161,600

Net Worth Tech / Sales / Service Other


1,121,000
311,000

Net Worth Northeast

Net Worth Midwest


653,500

Net Worth Homeowner

5,700
Retired

192,100

Net Worth South

477,000
Net Worth West

468,800

501,900

No High School

Some College

190,400
Average Net Worth Changes over the Years
Year
Bottom 25%
1989
1992
1995
1998
2001
2004
2007
Single with Child

20 - 40%

Money In Stocks
Bottom 20%

45,500

20 - 40%
6,500

8,400

710,500
680,100
875,300
1,202,100
1,599,300
1,486,900
1,606,600

Couple No Child

60 - 80%

80 - 90%

19,500

40 - 60%

128,300
119,700
134,400
195,000
253,200
244,700
242,800

Top 10%

19,000

60 - 80%

81,000

80 - 90%

17,700

Cap Gains Rate 1942


Cap Gains Rate 1978
Cap Gains Rate 1981
Cap Gains Rate 2003
Dividend Taxed as Income
Dividend Tax 2003

250,000

Top 10%

34,200

62,000

219,600

20 - 40%

40 - 60%

103,800

66,700

Average Value of Other Managed Assets


Bottom 25%
25 - 50%
8,800

13,800

Average Value of Retirement Accounts


Bottom 20%
20 - 40%
6,000

12,000

60 - 80%
110,900

50 - 75%

Avg Net Worth Bottom 90-100%


Avg Net Worth Bottom 20%
Avg Net Worth Next 20-40%
Avg Net Worth Next 40-60%
Avg Net Worth Next 60-80%
Avg Net Worth Next 80-90%
Avg Net Worth Top 10%

Dropped in 5/6/03
26.38
29.35
28.57
29.93
27.81
24.16
22.02
22.23
22.29
22.85
22.88
19.53
18.16
18.23
17.17
16.62
18.11

Capital Gains Taxed at 15% Avg Wages


36.08
48.01
52.26
44.10
63.40
66.76
72.91
72.97
71.83
66.20
61.57
60.59
56.86
58.37
62.75
66.29
56.81

$13,407,000
$8,909,000
$5,324,000
$8,248,000
$9,651,000
$12,755,000
$15,658,000
$22,958,000
$34,582,000
$24,273,000
$14,547,000
$17,923,000
$26,223,000
$22,230,000
$23,371,000
$29,413,000
$28,373,000

Avg Interest Earned


Avg Dividends Earned
$3,459,000
$3,321,000
$3,537,000
$4,839,000
$4,126,000
$4,538,000
$4,262,000
$4,170,000
$6,838,000
$7,341,000
$5,771,000
$6,444,000
$7,424,000
$14,352,000
$20,419,000
$27,074,000
$18,340,000

Avg Capital Gains


$2,792,000
$2,659,000
$3,580,000
$5,403,000
$4,833,000
$3,879,000
$3,527,000
$5,070,000
$4,817,000
$5,541,000
$5,404,000
$10,606,000
$20,462,000
$15,000,000
$19,737,000
$24,506,000
$24,956,000

$17,270,000
$22,634,000
$24,125,000
$22,428,000
$47,364,000
$62,113,000
$80,552,000
$97,678,000
$124,927,000
$86,782,000
$64,068,000
$79,524,000
$98,238,000
$124,867,000
$165,236,000
$228,551,000
$153,676,000

60 - 80%

25%
28%
20%
15%

20 - 40%

80 - 90%

60 - 80%

40 - 60%

138,400
Average Value of Car
Bottom 20%

155,500

$65,558,000

15%

Interest

Net Worth of All US Households

13%
8%

68%

7%
3%
3%

Top 10%

80 - 90%

20 - 40%

60 - 80%

40 - 60%

205,000

Avg Net Worth Bottom 90-100%

Top 10%
360,100

5,600

9,100

80 - 90%

799,800

380,600

80 - 90%

14,600

Net Worth Distribution Across US

Top 10%

270,800

60 - 80%

Net Worth Employee


Net Worth Self-Employed
Net Worth Retired
Other

89%

731,800

90,400

246,300

193,900

60%

Net Worth Management


Net Worth Tech/Sales/Service
Other
Retired

87%

Average Value of Homes


Bottom 20%

53%

15%

4%
2%
5%

158,000

48,000

139,000

25%

9%

$6,097,400
$9,004,300
$9,243,350
$12,209,200
$16,328,750
$12,675,000

1% 14%

11%

80,000

24,000

77,200

125,300

Net Worth Based on Job Category

23%

Top 10%

50,000

40 - 60%

Net Worth Based on Job Type

Top 10%

137,300

75 - 90%

40 - 60%

Average Value of Nonfinancial Assets


Bottom 20%
20 - 40%
40,000

80 - 90%

9%

13%

Wages
Money In Mutual Funds
Bottom 20%

47%

100

Total Income
Avg Income for Top 400
Avg Taxable Income
Avg Tax Rate
$24,421,000,000
$61,052,500
$42,209,000
$22,559,000,000
$56,397,500
$40,694,000
$23,817,000,000
$59,542,500
$40,573,000
$27,261,000,000
$68,152,500
$45,100,000
$37,804,000,000
$94,510,000
$65,710,000
$46,329,000,000
$115,822,500
$82,403,000
$57,449,000,000
$143,622,500
$97,862,000
$67,404,000,000
$168,510,000
$117,914,000
$86,830,000,000
$217,075,000
$150,548,000
$58,233,000,000
$145,582,500
$111,342,000
$47,489,000,000
$118,722,500
$89,917,000
$54,721,000,000
$136,802,500
$113,553,000
$74,546,000,000
$186,365,000
$147,761,000
$100,307,000,000
$250,767,500
$183,593,000
$110,602,000,000
$276,505,000
$222,451,000
$138,815,000,000
$347,037,500
$296,241,000
$109,736,000,000
$274,340,000
$227,362,000

1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005
2006
2007
2008

36%

8%

Year

Top 10%

41,500
43,100
46,000
65,700
78,600
69,900
78,900
Couple with Child

40 - 60%

10,000

75 - 90%

14,000
12,900
16,200
18,900
20,500
18,900
21,700
Single No Child Age > 55

2%
3%

18.8

8%

http://www.irs.gov/pub/irs-soi/08intop400.pdf

1,263,500

50 - 75%

2,500
2,500
3,700
4,200
3,700
3,300
4,600

Single No Child Age < 55

Money In Bonds
Bottom 20%

460,200

25 - 50%

13.2

4%

17.2
17.5
18.25
20.1
24.6
23.1
23.9
24.7
25.5
18.7
16.1
16.2

The Top 400

College Degree

323,900

0.2

70%

71,300
High School

-1.6

Average Net Worth US Citizens 2007

Avg Net Worth Bottom


Avg Net Worth Bottom
80-90%
90-100%
609,100
3,315,600

663,300

Net Worth Renter


780,100

Avg Net Worth Bottom


Avg Net Worth Bottom 60-80%
40-60%
210,400
375,800

757,400

Top 10%

20,400

Net Worth White vs. Non-White

25,400

14%

29%

29%

33,800

Average Debt Held By Families


Bottom 20%

20 - 40%

1989
1992
1995
1998
2001
2004
2007

8,400
14,600
16,800
18,700
19,500
27,000
31,800

40 - 60%

60 - 80%

20,300
22,100
26,300
30,900
32,500
46,000
43,800

80 - 90%

35,300
38,800
42,200
52,400
55,000
76,800
80,500

63,100
63,500
71,200
90,000
88,500
119,600
139,800

Top 10%
82,400
89,900
101,800
116,200
129,500
171,800
206,500

164,800
188,700
179,200
219,400
248,300
325,600
344,600

Bottom 20%

20 - 40%

1989
1992
1995
1998
2001
2004
2007

21,000
39,600
41,900
42,500
43,100
55,000
67,300

Average Amount Owed on Home Equity Loans


Bottom 20%
1989
1992
1995
1998
2001
2004
2007

20 - 40%

800
1,900
2,800
2,600
2,400
3,000
3,500

60 - 80%

40 - 60%

60 - 80%

80 - 90%

Fed Tax Rate: 15%


40 - 60%
23,600
23,000
23,700
25,700
28,200
28,600
28,300

14%
56%
21%
92%

98,400
92,900
94,100
101,300
114,700
117,000
116,000

Total Households

Fed Tax Rate: 25 - 35%


Total Income
Top 10%
273,600
217,000
237,000
279,500
354,100
331,900
397,700

1989
1992
1995
1998
2001
2004
2007

1989
1992
1995
1998
2001
2004
2007

20 - 40%
1,200
-5,100
-7,800
-8,600
-7,800
-15,100
-19,500

Average Income - Credit Card Debt of Families


Bottom 20%
1989
1992
1995
1998
2001
2004
2007
Average Income - Home Equity Debt of Families
Bottom 20%
1989
1992
1995
1998
2001
2004
2007

40 - 60%

60 - 80%

3,300
900
-2,600
-5,200
-4,300
-17,400
-15,500

20 - 40%
8,800
7,600
6,200
7,500
9,300
8,900
8,800

6,400
500
-1,500
-9,100
-7,900
-29,100
-33,200

40 - 60%

-11,600
-30,100
-32,800
-33,300
-33,600
-45,800
-58,200

60 - 80%

-8,600
-20,800
-23,700
-31,300
-27,000
-45,600
-44,500

-1,500
-9,300
-19,200
-20,400
-19,200
-48,200
-60,100

Fed Tax Rate: 10%


Fed Tax Rate: 15%
Fed Tax Rate: 15%
Fed Tax Rate: 25%
Fed Tax Rate: 25%
Fed Tax Rate: 25 - 35% Fed Tax Rate: 35%
Fed Tax Rate: 35%
Bottom 20%
20 - 40%
40 - 60%
60 - 80%
80 - 90%
Top 10%
Top 1%
Top 400 .000001
$216,213,175,680
$531,524,056,880
$939,175,981,860
$1,481,961,141,640
$740,980,570,820
$3,081,037,753,440
$1,160,488,184,933
$213,960,955,100
$518,010,733,400
$885,122,687,940
$1,409,890,083,080
$1,046,156,459,410
$2,443,659,329,300
$1,023,137,638,972
$202,699,852,200
$533,776,277,460
$916,653,776,060
$916,653,776,060
$1,059,669,782,890
$2,668,881,387,300
$906,960,218,684
$227,474,278,580
$578,820,689,060
$975,211,511,140
$975,211,511,140
$1,140,749,723,770
$3,147,478,260,550
$1,169,461,031,724
$263,509,807,860
$635,126,203,560
$1,060,795,893,180
$1,060,795,893,180
$1,291,648,502,630
$3,987,556,536,890
$1,659,886,567,460
$268,014,249,020
$644,135,085,880
$1,074,309,216,660
$1,074,309,216,660
$1,317,549,039,300
$3,737,560,052,510
$1,379,699,066,205
$277,023,131,340
$637,378,424,140
$1,065,300,334,340
$1,065,300,334,340
$1,306,287,936,400
$4,478,540,623,330
$1,880,753,956,969

95,000
88,800
89,300
95,600
106,300
109,900
104,500

1989
1992
1995
1998
2001
2004
2007

Average Income of Families


267,400
210,700
229,400
270,900
346,400
322,500
384,600

20,400
2,600
-8,200
-7,700
-6,800
-47,700
-67,300

918

524

1,031

620

1,223

1,010

1,797

1,094

1,996

1,306

2,300

2,008

3,295

2006

50.98%
50.82%
50.70%
56.20%
54.81%
56.78%
60.94%

2007
2008
$0

$5,000,000

$10,000,000

$15,000,000

$20,000,000

Untitled 1

Fed Tax Rate: 10%


Bottom 20%

1989
1992
1995
1998
2001
2004
2007

Fed Tax Rate: 15%


20 - 40%

9,600
9,500
9,000
10,100
11,700
11,900
12,300

$9,072,823.88
$10,473,384.04
$13,539,932.12
$15,426,509.86
$16,972,012.83
$21,719,296.92
$20,657,150.43

Fed Tax Rate: 15%


40 - 60%
23,600
23,000
23,700
25,700
28,200
28,600
28,300

Increase of Net Worth of Citizens Over the Years


2000000

Fed Tax Rate: 25%


60 - 80%
41,700
39,300
40,700
43,300
47,100
47,700
47,300

Fed Tax Rate: 25%


80 - 90%
65,800
62,600
62,600
69,100
76,200
76,000
76,600

98,400
92,900
94,100
101,300
114,700
117,000
116,000

Fed Tax Rate: 25 - 35%


Top 10%
Top 1%
273,600
217,000
237,000
279,500
354,100
331,900
397,700

1750000
Top 400 .000001
$1,030,528
$908,559
$805,392
$1,038,496
$1,474,000
$1,225,190
$1,670,133

1500000

$9,072,823.88
$10,473,384.04
$13,539,932.12
$15,426,509.86
$16,972,012.83
$21,719,296.92
$20,657,150.43

1250000

Gas Tax Per Gallon (2010)

Bottom 25%
Next 25 - 50%
Next 50 - 75%
Next 75 - 90%
Top 10%

1000000

Corporate Tax Rate (2010)

250000
0

6.5
9.4
6.97
6.5
8.84
4.63
7.5
8.7
5.5
6.0
6.4
7.6
7.3
8.5
12.0

4.0
0.0
6.6
6.0
8.25
2.9
6.0
0.0
6.0
4.0
4.0
6.0
6.25
7.0
6.0

Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

770
653
799
788
602
623
800
859
1047
531
0
797
1268
0
786
891
583
567
672
674
503
0
675
800
737
869
1068
777
741
523
427
1571
619
743
1213

6.3
6.0
4.0
5.0
6.0
6.25
6.0
6.875
7.0
4.225
0.0
5.5
6.85
0.0
7.0
5.125
4.0
5.75
5.0
5.5
4.5
0.0
6.0
7.0
6.0
4.0
7.0
6.25
5.95
6.0
5.0
6.5
6.0
5.0
4.0

1.65
0.0
4.69
0.0
0.0
0.0
0.0
0.27
0.0
3.24
0.0
0.89
1.11
0.0
0.0
2.01
4.52
2.07
0.57
1.28
3.83
0.0
0.34
0.0
1.25
1.22
2.44
1.36
0.67
0.0
0.0
2.14
0.0
0.42
1.3

7.95
6
8.69
5
6
6.25
6
7.145
7
7.465
0
6.39
7.96
0
7
7.135
8.52
7.82
5.57
6.78
8.33
0
6.34
7
7.25
5.22
9.44
7.61
6.62
6
5
8.64
6
5.42
5.3

0.25
0.225
0.20
0.31
0.235
0.235
0.35
0.272
0.188
0.173
0.278
0.277
0.331
0.196
0.145
0.188
0.446
0.302
0.23
0.28
0.17
0.25
0.323
0.33
0.168
0.24
0.214
0.20
0.245
0.245
0.195
0.375
0.322
0.329
0.14

7.05
6.0
8.0
8.93
8.25
8.75
4.95
9.8
5.0
6.25
6.75
7.81
0.0
8.5
9.36
7.0
7.1
6.9
6.4
3.4
6.0
7.9
9.99
9.0
5.0
0.0
6.5
0.0
5.0
8.5
6.0
0.0
8.7
7.9
0.0

6.3
6.0
4.0
5.0
6.0
6.25
6.0
6.8
7.0
4.23
0.0
5.5
6.85
0.0
7.0
5.1
4.0
5.75
5.0
5.5
4.5
0.0
6.0
7.0
6.0
4.0
7.0
6.25
5.9
6.0
5.0
6.5
6.0
5.0
4.0

$5,471
$2,693
$3,126
$1,986
$5,672
$1,725
$16,895
$6,372
$5,127
$13,790
$62,857

8.70%
4.28%
4.97%
3.16%
9.02%
2.74%
26.88%
10.14%
8.16%
21.94%
100.00%

1989

1992

1995

1998

2001

2004

2007

Sales Tax

Average Income of Bottom 20%


13,000

9,750

1989
1992
1995
1998
2001
2004
2007

6,500

3,250

1989 1992 1995 1998 2001 2004 2007

1989,1992,1995,1998,2001,2004,2007

Average Income of Next 20-40%


29,000

21,750

14,500

7,250

1989 1992 1995 1998 2001 2004 2007

Average Income of Next 40-60%


48,000

36,000

24,000

12,000

1989 1992 1995 1998 2001 2004 2007

Average Income of Next 60-80%


80,000
Richest 20%

$41,700
$36,980
$5,362
$12,129
$2,884
$1,479
$6,841
$2,514
$1,738
$3,365

$256,850
$83,710
$9,626
$25,447
$4,269
$3,683
$14,565
$3,850
$4,520
$12,640

Adjusted Gross Income of the Top 400


Taxable Income - Exemptions - Deductions

Forbes Ranked Net Worth of Elite 400 at $1.57 Trillion in 2008

Year

Wages
$3,629,129,550
$4,189,353,615
$5,415,972,847
$6,170,603,942
$6,788,805,130,
$8,687,718,769
$8,262,860,170

5%

468

500000

0.209
0.08
0.19
0.218
0.466
0.22
0.419
0.23
0.345
0.124
0.444
0.25
0.39
0.341
0.22

Combined AGI

1%

142,700
64,700
87,000
90,500
147,900
80,300
113,400

8.03
1.12
9.01
8.1
9.08
6.98
6
0
6.99
6.95
4.35
6.03
8.22
7
6.84

Middle 20%

$3,629,129,550
$4,189,353,615
$5,415,972,847
$6,170,603,942
$6,788,805,130
$8,687,718,769
$8,262,860,170

750000

4.03
1.12
2.41
2.1
0.83
4.08
0.0
0.0
0.99
2.95
0.35
0.03
1.97
0.0
0.84

$12,300
$17,837
$2,960
$6,760
$1,712
$838
$2,622
$1,426
$766
$428

2005

Top 10%

4.0
0.0
6.6
6.0
8.25
2.9
6.0
0.0
6.0
4.0
4.0
6.0
6.25
7.0
6.0

Poorest 20%

$1,030,528
$908,559
$805,392
$1,038,496
$1,474,000
$1,225,190
$1,670,133

1989
1992
1995
1998
2001
2004
2007

483
0
842
986
883
443
868
0
1149
620
1832
735
605
845
604

Avg Income
Avg Annual Spending
Avg Spent on Food
Avg Spent on Housing
Avg Spent on Utilities
Avg Spent on Apparel
Avg Spent on Transportation
Avg Spent on Healthcare
Avg Spent on Entertainment
Avg Spent on Insurance / Pensions

2004

1,126,110.29

Avg Income of Top 400

Sales Taxes Per Capita in States 2006


Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticu
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa

What Do People Spend Money On (2009)


Insurance / Pensions
Entertainment
Healthcare
Gasoline
Transportation
Apparel
Housing
Food
Everything Else
Taxes
Total

Combined State / Local

108,800
28,300
57,800
60,100
105,800
6,300
53,100

Top 10%

80 - 90%

-3,200
-13,900
-19,200
-22,700
-27,300
-46,500
-56,800
Avg Local Tax Rate

16,000
3,000
-7,700
-14,900
-14,800
-54,800
-90,500

62,700
58,700
58,800
63,200
70,700
69,900
68,000

1% Households
11,261,102.9

Top 10%

80 - 90%

39,100
36,500
36,800
37,900
42,800
42,000
41,700

40 - 60%

State Tax Rate

2,700
-900
-8,600
-20,900
-12,300
-43,600
-63,200

60 - 80%

21,700
20,700
20,800
21,900
24,900
24,400
23,900

20 - 40%

80 - 90%

10% Households
22,522,205.8

Avg Income of Top 1%

High School
College Degree

2003
20% Households

112,611,029

No High School
Some College

Net Worth Homeowner


Net Worth Renter

116
117
118
119
120
121
122

6,200
6,300
7,600
8,600
7,700
9,400
13,100

Average Income - Debt of Families


Bottom 20%

9%

130,900
152,300
150,000
189,000
206,200
251,600
284,300

3,400
4,100
4,800
5,700
8,400
7,100
11,500

65,800
62,600
62,600
69,100
76,200
76,000
76,600

Net Worth Based on Education Level

8%

Top 10%

Fed Tax Rate: 25%


80 - 90%

41,700
39,300
40,700
43,300
47,100
47,700
47,300

Net Worth Homeowners vs. Renters

Top 10%

3,100
3,900
3,800
5,900
5,500
6,100
8,600
Fed Tax Rate: 25%
60 - 80%

136,800
158,200
153,000
189,600
213,400
262,300
287,400

78,000
90,300
102,300
109,000
121,500
164,700
183,300

80 - 90%

2,600
2,800
3,900
5,400
4,300
5,700
5,600

Net Worth of Whites


Net Worth Non-Whites

Top 10%
80,000
92,000
102,700
109,600
122,000
166,600
183,300

67,300
71,900
81,800
89,500
95,400
124,200
136,700

60 - 80%

1,900
2,300
2,900
3,800
3,300
4,200
4,400

9,600
9,500
9,000
10,100
11,700
11,900
12,300

69,100
72,500
81,700
89,800
95,100
124,400
138,600

44,900
53,200
59,900
66,000
74,400
94,200
104,100

40 - 60%

Fed Tax Rate: 15%


20 - 40%

80 - 90%

45,400
55,000
59,900
65,800
73,600
95,800
102,600

32,200
43,800
47,400
57,000
55,200
74,200
72,800

20 - 40%

Fed Tax Rate: 10%


Bottom 20%
1989
1992
1995
1998
2001
2004
2007

40 - 60%
32,300
43,200
46,700
55,600
54,200
75,000
68,400

21,200
39,600
41,800
43,400
45,300
57,700
70,500

Average Amount Owed on Credit Cards


Bottom 20%
1989
1992
1995
1998
2001
2004
2007

1992
1995
1998
2001
2004
2007
2008

86%

Net Worth West


Net Worth Midwest
Net Worth South
Net Worth Northeast

Average Debt Secured by Home

Average Income of Families

20%

22%

Interest
$2,805,703,266
$3,201,456,589
$3,879,762,259
$4,565,229,218
$4,921,806,344
$5,842,269,820
$5,950,634,829

60,000

40,000

20,000

Dividends
$162,343,280
$154,780,536
$178,333,632
$198,177,814
$125,474,158
$268,058,182
$223,291,064

$77,925,720
$94,592,325
$118,479,991
$119,533,324
$146,838,808
$237,052,127
$219,330,668

Avg Tax Rate


Capital Gains Less Loss
Itemized Deductions
Statutory Adjustments
$118,229,536
$481,945,631
$35,464,254
$170,415,206
$527,374,034
$41,139,577
$446,083,839
$676,460,336
$51,530,709
$326,527,451
$884,528,260
$60,572,768
$473,661,638
$998,238,457
$98,046,679
$907,655,869
$1,333,036,542
$123,020,191
$469,272,641
$1,322,276,380
$121,599,382

26.38
29.93
22.02
22.85
18.16
16.62
18.11

Income Plus Deductions


Top 10%
$3,681,611,687
$4,189,758,267
$5,350,650,766
$6,154,568,835
$6,764,066,084
$8,711,092,731
$8,306,404,964

$2,443,659,134,000
$2,668,881,387,300
$3,147,478,260,550
$3,987,556,536,890
$3,737,560,052,510
$4,478,540,623,330
$2,443,659,329,300

1989 1992 1995 1998 2001 2004 2007

Average Income of Top 1%

Average Income of Next 80-90%

Avg Income Top 400


Combined AGI Top 400
$3,629,129,550
$9,072,824
$4,189,353,615
$10,473,384
$5,415,972,847
$13,539,932
$6,170,603,942
$15,426,510
$6,788,805,130
$16,972,013
$8,687,718,769
$21,719,297
$8,262,860,170
$20,657,150

120,000

$1,700,000

90,000

$1,275,000

60,000

$850,000

30,000

$425,000

$0

1989 1992 1995 1998 2001 2004 2007

1989 1992 1995 1998 2001 2004 2007

Average Income of Top 10%

Average Income of Top 400

400,000

$30,000,000

300,000

$22,500,000

200,000

$15,000,000

100,000

$7,500,000

$0

1989 1992 1995 1998 2001 2004 2007

1989 1992 1995 1998 2001 2004 2007

Avg Value of Car Based on Net Worth

$5,600

Average Income Increases of US Households Based on Net Worth


400,000

$9,100
$33,800

350,000

$14,600

300,000
250,000

$25,400

200,000

$20,400

150,000

Bottom 20%
Next 40-60%
Next 80-90%

100,000
50,000

Top 10%

1989

1992

1995

1998

2001

Bottom 20%
Next 40-60%

2004

Next 20-40%
Next 60-80%

Average Value of Home Based on Net Worth

2007

Next 20-40%
Next 60-80%

$138,400
$155,500
$757,400

$193,900

Average Amount Owed on Credit Cards Based on Net Worth


15000

$270,800

13125

$380,600

11250
9375

Average Net Worth 2007


Average Net Worth 2010
Net Worth of All US Households

7500

Loss From Collapse


Households in US

5625

Avg Value NonFinancial Assets Based on Net Worth

3750

$40,000
$77,200

1875

$139,000

0
1989

1992

1995

1998

2001

2004

2007

$246,300

$799,800

$360,100

Avg Owed On Home Equity Loans of Households Based on Net Worth


300,000
262,500

Average Net Worth 2007


Average Net Worth 2010
Net Worth of All US Households

225,000

Loss From Collapse


Households in US

187,500

Avg Value of Retirement Accts Based on Net Worth

150,000

$6,000
$12,000
$24,000
$48,000

112,500
75,000
37,500
0

$205,000
1989

1992

1995

1998

2001

2004

$90,400

2007

Average Amount of Total Debt Based on Net Worth


Average Net Worth 2007
Average Net Worth 2010
Net Worth of All US Households

400,000
350,000

Loss From Collapse


Households in US

300,000

Avg of Other Assets Based on Net Worth

250,000

$8,800

200,000

$13,800

150,000

$50,000

100,000

$158,000

50,000
0

1989

1992

1995

1998

2001

2004

$80,000

2007

Total Income of All Households Divided Based on Net Worth


700,000

Bottom 25%
Next 50-75%
Top 10%

Next 25-50%
Next 75-90%

525,000

Avg Value of Mutual Funds Based on Net Worth


350,000

$103,800
$66,700
$110,900

175,000

$137,300

$731,800
0

1989

1992

1995

1998

2001

2004

$125,300

2007

Distribution of US Total Net Worth over the Years


Average Net Worth 2007
Average Net Worth 2010
Net Worth of All US Households

2,000,000
1,750,000
1,500,000

Loss From Collapse


Households in US

Avg Value of Stocks Based on Net Worth

$6,500
$8,400
$17,700

1,250,000
1,000,000

$34,200

750,000
500,000

$62,000

$219,600

250,000
0

1989

1992

1995

1998

2001

2004

2007

Average Net Worth 2007


Average Net Worth 2010
Net Worth of All US Households

Percentage of Income Received by the Top 1% in Comparison to the Total Top 5% (1989 - 2008)
70.00%

Avg Value of Bonds Based on Net Worth

62.50%

$10,000

55.00%

$45,500
$19,500
$19,000

47.50%

$250,000

40.00%
1989
Insurance / Pensions
Entertainment
Healthcare
Gasoline
Transportation
Apparel
Housing
Food
Everything Else
Taxes

Loss From Collapse


Households in US

1992

Average Net Worth 2007


Average Net Worth 2010
Net Worth of All US Households

1995

1998

2001

2004

$81,000

2007

Loss From Collapse


Households in US

Top 400 Total Income Less Deductions 1992

13% 1%
3%
2%
4%

What Does the Average US Citizen Spend Money on?


Insurance / Pensions
Entertainment

Taxes

22%

9%

Transportation

3%

10%
Food

76%

Gasoline

9%

8%

Everything Else

Healthcare

4%
5%
3%

Apparel

Average Net Worth 2010


Net Worth of All US Households

27%

Households in US

Housing

Insurance / Pensions
Healthcare
Transportation
Housing
Everything Else

Entertainment
Gasoline
Apparel
Food
Taxes

Top 400 Total Income Less Deductions 2007

15%

1%

10%
Avg Spent on Food
Avg Spent on Housing
Avg Spent on Utilities
Avg Spent on Apparel
Avg Spent on Transportation
Avg Spent on Healthcare
Avg Spent on Entertainment
Avg Spent on Insurance / Pensions

$2,960
$6,760
$1,712
$838
$2,622
$1,426
$766
$428

What the Bottom 20% Spend Money On


Healthcare
Healthcare

Transport

4%
8% 2% 17%

Apparel

Average Net Worth 2010


Net Worth of All US Households

10%

Households in US

What the Top 20% Spend Money On

Insurance / Pensions
Food

Entertainment

Food

5%
7%

Healthcare

15%
5%

67%

What the Middle 20% Spend Money On

Insurance / Pensions

Entertainment

3%
3%

9%

15%

16%
Entertainment

19%

39%

33%
4%

Utilities

Housing

12%

6%
5%

Healthcare
Transport

Food

Insurance / Pensions

Transport

32%

19%
Housing

5%5%

8%

Apparel

Housing
Apparel

Utilities

Utilities

Avg Spent on Food


Avg Spent on Utilities
Avg Spent on Transportation
Avg Spent on Entertainment

Home Equity as % of Household Net Worth

Avg Spent on Housing


Avg Spent on Apparel
Avg Spent on Healthcare
Avg Spent on Insurance/Pension

26
23.4

Income Distributions to Different Percentages of US Citizens

20.8

3%
14% 0% 7%

18.2

12%

15.6
13
10.4

18%

38%

7.8

9%

5.2
2.6
0
1999

2001

2003

2005

2007

2009

Bottom 20% 20 - 40%


40 - 60%
10% Top 1% Top 400 .000001

Income Distributions to Different Percentages of US Citizens 1989

$5,000,000,000,000

$3,500,000,000,000

$4,375,000,000,000

$3,000,000,000,000

$3,750,000,000,000

$2,500,000,000,000

$3,125,000,000,000

$2,000,000,000,000

$2,500,000,000,000

$1,500,000,000,000

$1,875,000,000,000

$1,000,000,000,000

$1,250,000,000,000

$500,000,000,000

$625,000,000,000

B 20% 20-40% 40-60% 60-80% 80-90% T 10%

T 1% Untitled 1

80 - 90%

Top

Income Distributions to Different Percentages of US Citizens 2007

$4,000,000,000,000

$0

60 - 80%

$0

B 20% 20-40% 40-60% 60-80% 80-90% T 10%

T 1% Untitled 1

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