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The rich are getting richer, while the rest lose ground
April 25th, 2013
09:00 AM ET

The rich are getting richer, while the rest lose ground

By Tami Luhby, @CNNMoney

(CNNMoney) - The net worth of American households grew by $5 trillion in the first two years of the economic recovery, but not everyone shared in the riches.

The top 7% of American families saw their wealth grow to $25.4 trillion in 2011, up from $19.8 trillion two years earlier. The remaining 93% of Americans experienced a decline in net worth to $14.8 trillion, down from $15.4 trillion, according to a new analysis by the Pew Research Center.

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Filed under: Economy • History • How we live
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