Americans' Net Worth At $85T, But Who Has It?
A new report from the Federal Reserve has revealed U.S. household net worth has risen to almost $85 trillion. So what does that mean?By Jake Godin | June 12, 2015
Americans, as it turns out, have a lot of money. (Video via U.S. Department of the Treasury)
A new report from the Federal Reserve revealed household net worth in the U.S. went up by about $1.6 trillion between January and March. That puts our total net worth at $84.9 trillion.
A good chunk of that increase came from real estate ($503 billion) and household-owned stocks and mutual funds ($487 billion).