Americans' net worth surged by a record 37% from 2019-2022
Americans’ net worth surged at a historic pace from 2019 to 2022, a reflection of the pandemic era’s tremendous economic swings and the wealth generated from homeownership and financial assets, according to Federal Reserve data released Wednesday.
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Thank goodness for those billionaires keeping up that average!
Real, or inflation-adjusted, median net worth
Yes.
The median removes outlets like billionaires