James McRitchie

3 weeks ago | corpgov.net | James McRitchie |Iain Withers |Ross Kerber

Democratizing investing is desperately needed in the United States. Stock market wealth in the United States is highly concentrated among the wealthiest households. The top 1% of Americans own approximately 31% of all U.S. equities, while the top 10% collectively control 87%. The top 50% of households hold around 97.5% of stock market wealth, leaving the bottom half with just 2-3%. Stock ownership is heavily skewed toward affluent families.