The skewed distribution of Wealth

A comparative analysis of the composition of Wealth among different Income Classes in the United States

The household wealth varies greatly across the Global financial spectrum depending on where you live, access to financial services & market literacy. People living in developed countries with mature financial systems & easy access tend to have a much higher net worth than developing countries. The difference is even higher for someone living in an underdeveloped nation.

Just to give you a perspective — U.S average per capita income is $60,200, China sits at $16760 while the African nation of Niger only records a mere $990. Similar to the differences in per capita income across different regions, the composition of wealth that one owns varies as well.

The composition can vary greatly even within a country that has a high per capita income as in the case of the United States. The distribution of wealth depends on income classes which comprise the economy of a nation, like as will see in the case of the United States (infographic below).