The combined wealth of the top 0.02% of the U.S. population -- the 65,505 individuals who are each worth $30 million or more -- totaled $9 trillion at last calculation, according to the Wealth-X and UBS World Ultra Wealth Report 2013.
To put that number in context, the total GDP of the U.S. was calculated at $16.6 trillion in June 2013.
Though the economic recovery in the U.S. pretty much stalled in 2012, the S&P 500 broke the 1,600 mark and the Dow Jones index hit 15,000. While the poor and the middle class saw little improvement in their financial conditions, the very rich continued to get richer as the stock market soared.
The number of ultra-high-net-worth individuals (UNHW), the term the report used for individuals worth $30 million or more, increased by 8.7% -- from 60,280 in 2012 to 65,505 in 2013.
Here’s a map of the number of ultra-high-net-worth individuals who live in each U.S. state. The area of the bubble indicates the UNHW population, and the color of the state indicates the percent change in UNHW population. Click on any state for more info:
Only 515 of 65,505 ultra high net worth individuals qualified as billionaires -- the rest held assets of $1 billion or less. Here are the number of people that fall into each wealth category:
Data Visualization editor. CUNY J-school alum. Business journalist at large. Loves cats, capitalism, string cheese, charts, jazz and data. I have opinions. I can journalism.<...