In 2014 Saez and Gabriel Zucman reported that more than half of those in the top 1 percent had not experienced relative gains in wealth between 1960 and 2012. In fact, those between the top 1% and top .5% had lost relative wealth. Only those in the top .1% and above had made relative wealth gains during that time. Saez reported in 2013 that, from 2009 to 2012, the incomes of the top 1% grew by 31.4%, while the incomes of the bottom 99% grew by 0.4%.