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The super rich elite have more money than they know what to do with

— have less real wealth than they had 20 years ago, the super rich top 1% have doubled theirs in a generation, according to a new data set recently released by the Federal Reserve. Meanwhile, the poorest half — about 60 million households — owned just 2% of national wealth, around $2 trillion, down from the inflation-adjusted $2.4 trillion they owned in 1999. Read More...

The super rich elite have more money than they know what to do with

— have less real wealth than they had 20 years ago, the super rich top 1% have doubled theirs in a generation, according to a new data set recently released by the Federal Reserve. Meanwhile, the poorest half — about 60 million households — owned just 2% of national wealth, around $2 trillion, down from the inflation-adjusted $2.4 trillion they owned in 1999.

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