That’s led to the widest wealth gap on record between the middle class and the rich.
The median household net worth of middle-income Americans remained at $96,500 between 2010 and 2013, according to a new report from the Pew Research Center, which looked at Federal Reserve Bank data.
Upper-income households, however, saw their wealth grow to $639,400 last year, up from $595,300.
That means the rich have 6.6 times more wealth than the middle class, a figure that’s grown from 4.1 in 1998 and 3.4 in 1983.
It’s also a record 69 times the wealth of lower-income Americans, who had accumulated only $9,300 as of last year.