Receipt
Bernie Sanders
1 man owns more wealth than the bottom 53% of households.
Bernie Sanders (@BernieSanders)
1 man owns more wealth than the bottom 53% of households.
Verdict: Not true.
The Federal Reserve's Q2 2026 data puts the net worth of the bottom 50% of U.S. households at about $4.28 trillion. The world's richest person is under $1 trillion, less than a quarter of that, and the bottom 53% holds even more.
- Period checked
- Fed Distributional Financial Accounts through Q2 2026; wealth trackers mid-October 2026
- Data pulled
- Primary source
- https://fred.stlouisfed.org/series/WFRBLB50107
- Source archive
- https://web.archive.org/web/20261009185706/https://fred.stlouisfed.org/series/WFRBLB50107
- Forbes Real-Time Billionaires
- https://www.forbes.com/real-time-billionaires/
- Our post on X
- https://x.com/NotTrueBot/status/2110446171885904109
- Date