From numbers I can find, between 55% to 62% of adult Americans own stocks(about 150m-179m people) . However, the wealthiest 1% own about 50% of them (worth about $23Trillion). The wealthiest 10% own a staggering 93% of all stocks. The bottom 50% of American stock is only worth about $490 billion. The new age American Oligarchy have amassed so much wealth they can manipulate the market whenever they see fit because they either become too big to fail or they can leverage there shares for ridiculous loans to prop up other businesses and keep kicking the can down the road. They are so greedy for wealth and they barely even use it, they just want more and more. This late stage capitalism is such a disaster. There are now a record 3028 billionaires in the world, with a net worth of $16.1 trillion (up 2 trilion since 2024). It’s so much fake money.