1) First, relax -- at least for now. Unless you're reading this from China, you probably don't have much invested in these markets. Foreigners own just 1.5% of Chinese shares, according to Capital Economics. That number is growing, but only very gradually. 2) For Chinese investors, however, it's been a very wild ride.
For the purposes of NMSDC's program, a minority group member is an individual who is a U.S. citizen with at least 25 percent Asian-Indian, Asian-Pacific, Black, Hispanic or Native American heritage. Documentation to support the claim is required.
âThe wealthiest 5 percent of American households held 54 percent of all wealth reported in the 1989 survey. Their share rose to 61 percent in 2010 and reached 63 percent in 2013; âThe lower half of households by wealth, held just 3 percent of wealth in 1989 and only 1 percent in 2013. To put that in perspectiveâ¦the average net worth of the lower half of the distribution, representing 62 million households, was $11,000 in 2013.â.