America’s ultra-wealthy have never been richer than this #5PC The wealth of the top 0.00001% of Americans (roughly a few dozen individuals) has reached a record 12% of national income. This figure encompasses wages, corporate profits, and investment income alike. The primary driver has been U.S. stocks continuously hitting new highs—this level is triple the peak of the previous century, when Rockefeller, Carnegie, and J.P. Morgan controlled oil, steel, and railroads so completely that America had to pass antitrust laws to break their monopolies.