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Data Summary
An estimated 2.7 million U.S. adults in 2004 had gross assets of $1.5 million or more. In total, these top wealth holders owned nearly $11.1 trillion in assets. After accounting for debts and mortgages of $850.1 billion, these individuals had a combined net worth of over $10.2 trillion. A little less than 1.6 million, or 57.0 percent, of top wealth holders were men, while just under 1.2 million were women. Overall, male top wealth holders had a higher average net worth than their female counterparts.
The asset portfolio of top wealth holders varied considerably by gender, age, and relative wealth. Women’s portfolios contained a greater proportion held in personal residences and publicly traded stock than those of men. Conversely, men’s portfolios were made up of proportionately more closely held stock and business assets. In each wealth and age class, male top wealth holders had a higher ratio of debts to assets than female top wealth holders. For both genders, the wealthiest individuals held proportionately more of their assets in stock and less in real estate than their less wealthy counterparts. Overall, the value of the personal residence made up a smaller percentage of the portfolios held by older top wealth holders than in the portfolios held by younger individuals.
Data Tables:
Note: tables include hyperlinks to definitions and additional information for selected terms.
All Top Wealthholders by Size of Net Worth
Included Items: Total and selected assets, debts and mortgages, and net worth
Female Top Wealthholders by Size of Net Worth
Included Items: Total and selected assets, debts and mortgages, and net worth
Male Top Wealthholders by Size of Net Worth
Included Items: Total and selected assets, debts and mortgages, and net worth
Female Top Wealthholders by Age
Included Items: Total and selected assets, debts and mortgages, and net worth
Male Top Wealthholders by Age
Included Items: Total and selected assets, debts and mortgages, and net worth
Top Wealthholders by State of Residence
Included Items: Total and selected assets, debts and mortgages, and net worth
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