Scott Bessent discussed the distribution of stock market ownership during an interview, stating that the top 10% of Americans own 88% of equities, while the next 40% own 12%, and the bottom 50% are in debt.
Treasury Secretary Scott Bessent tells Tucker Carlson
– The top 10% of Americans own 88% of equities, 88% of the stock market
– The next 40% owns 12% of the stock market
– The bottom 50% has debt
-Summer of 2024 more Americans were using food banks than they ever have in history pic.twitter.com/Idt0l5Ivtw— Wall Street Apes (@WallStreetApes) April 4, 2025
U.S. Treasury Secretary Scott Bessent has shed light on the sharp divide in stock market ownership across the country. In a recent interview with Tucker Carlson, Bessent revealed that the top 10% of Americans control a staggering 88% of all equities, while the next 40% hold the remaining 12%. The bottom 50%, he noted, are not investors at all — they are in debt.
The comments come amid deepening concerns over economic inequality. In 2024, a record number of Americans relied on food banks, underscoring the financial strain on low-income households.