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Eric Hovde: “The bottom 50 half of America only owns 2.5% [of all…”

Featuring: Eric Hovde, Republican | Former Candidate, U.S. Senate Wisconsin

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2025 Sunwest Bank Economic Forum with Eric Hovde

Published | Video Starts at 49:01

And the top 10% controls 36.4. Folks, 67.4% of all the assets in America controlled by the top 10%. The middle 40 from 10 to 50 is 30%. And The bottom 50 half of America only owns 2.5% [of all assets]. And if you look at the graph to your right, this is showing the change in net worth since 1990. And who has done the best? The top 1/10 of 1% up 1,227%. (49:01–49:07)

CLAIM

Asserts that the bottom 50% of Americans own only 2.5% of all assets.

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