New Delhi, Nov. 5 -- Only 0.1% of the wealthiest citizens living in the United States (US) are the owners of nearly 24% of the assets on Wall Street as a report from a UK-based independent confederation of non-governmental organisations (NGO), Oxfam, showed the rising inequality in the US economy.

"In 2025, the share of assets owned by the top 0.1% hit its highest on record since the Federal Reserve began publishing data in 1989 (12.6%), as did their share of the stock market (24%)," according to the Oxfam report.

The confederation also highlighted that the richest people, who make up for 1% of the total population of the United States, own 49.9% of the US stock market, while the bottom half of the population owns just 1.1% of Wall Stre...