The Rise of the Super Rich

The Rise of the Super Rich

After a steady rise from 1978 on, the top .01 percent of earners made nearly five percent of the national income in 2012.

That’s just 16,000 Americans that make over ten million dollars a year. And their dominance is strengthening: the share of income controlled by that tiny group of people jumped over a percentage point from 3.7 percent in 2011 to 4.8 percent in 2012.  

Read more: The Top .01 Percent Reach New Heights