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In 1979, the top 1% of U.S. households owned 20.5% of the country’s wealth; in 2021, they owned 30.9% of all the wealth. Our national debt has gone from $845 billion in 1979 to $34 trillion in 2023.
In the United States, the wealth gap between the richest Americans and everyone else is staggering. In 1970, the CEO-to-worker compensation ratio was about 20-to-1. Today, it’s 398.8-to-1.
The 2020 Forbes/SHOOK Top Advisor Summit, which brings together the best and brightest in the financial advisory space, returns to Las Vegas from Feb. 24-26 at the Wynn Hotel.
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