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Wealth at the very top of society has seen extraordinary growth even after adjusting for inflation. Frank Chaparro reports that, according to Realtime Inequality, the richest 0.1 percent in the United States have seen household wealth increase more than thirteenfold over the past 50 years.
This drastic rise underscores the widening gap between the wealthiest individuals and the rest of the population.
Chaparro has recently highlighted Citigroup’s search for a senior executive to lead AI and blockchain integration in wealth technology. He also reported Kalshi’s $22 billion valuation and ICE’s $600 million commitment to Polymarket. These developments show continued activity across wealth management and financial technology sectors.