"the richest 1 percent have more financial wealth than the bottom 95 percent combined."
"the richest 1 percent have more financial wealth than the bottom 95 percent combined."
michael moore
wealth inequality in the united states is the unequal distribution of assets among  residents of the united states. wealth includes the values of homes, automobiles,  personal valuables, businesses, savings, and investments. the net worth of u.s.  households and non-profit organizations was $94.7 trillion in the first quarter of ...
mar 10, 2011 ... moore has made other staggering claims about the gap between the nation's rich  and poor. in capitalism: a love story, his 2009 documentary, moore said "the  richest 1 percent have more financial wealth than the bottom 95 percent  combined." he was awarded a mostly true by our colleagues at politifact ...
sep 24, 2009 ... ... a number of issues and different things. but it all seems to come back to this  one issue of "follow the money." who's got the money? and whoever has the  money has the power. and right now, in america, tonight, larry, the richest 1  percent have more financial wealth than the bottom 95 percent combined.
according to the oecd in 2012 the top 0.6% of world population (consisting of  adults with more than 1 million usd in assets) or the 42 million richest people in  the world held 39.3% of world wealth. the next 4.4% (311 million people) held  32.3% of world wealth. the bottom 95% held 28.4% of world wealth. the large  gaps ...
5) explains, "financial wealth is a more 'liquid' concept than marketable wealth,  since one's home is difficult to convert into cash in the short term. it thus reflects  the resources ... not just income taxes). and the top 1% of income earners  actually pay a smaller percentage of their incomes to taxes than the 9% just  below them.