"As of 2024, median net worth in America is just $124,041, according to UBS. That’s an astonishing five times lower than the average net worth of $620,654.
In fact, by this measure, America is only the 15th wealthiest country in the world, lagging behind Australia, Canada, New Zealand and Italy. By comparison, the U.S. is the second wealthiest country based on average wealth.
This immense gap between average and median wealth is a reflection of America’s exceptionally high wealth inequality."
Canada's certainly trying its best to catch up! Mr. Carney has been extremely ambitious in this regard.
The average American’s net worth is $620,654, but that number means little. Here’s the figure that counts https://finance.yahoo.com/news/average-american-net-worth-620-121500111.html
Ron Dyck
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2025-12-14 11:18:02 UTC
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2025-12-14 11:18:02 UTCEvent JSON
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