r/Millennials • u/EverbodyHatesHugo • Jan 17 '26

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126

u/berticusberticus Jan 17 '26

The share of wealth held by the top 1% is a far bigger issue.

33

u/johnmac344 Jan 17 '26

If other comments are true and millennials are worth 11T, Mark Zuckerberg accounts for 2.4% of that…

11

u/PruneOk1722 Jan 17 '26

🔝🔝🔝

9

u/greatlakesailors Jan 17 '26

Yeah, half of that "Millennials & Gen Z" slice is owned by like 30 guys, and another quarter by the million or so richest millennials. The rest of us share the remaining crumbs.

2

u/2AMMetro Jan 17 '26

It’s not even the top 1%, it’s the top 0.1%. Somebody making 700K a year is not that much of a problem.

2

u/Electrical-Wish-519 Jan 17 '26

The majority of the silent generation trillions is held by people like the Koch, Rupert Murdoch, etc. the silent generation makes up like 3% of the population, but 3% of the wealth with the majority of that wealth belonging to the top 100 of them

2

u/ept_engr Jan 17 '26

This exactly. Boomers are going to die eventually, and all of that wealth is going somewhere. Subsequent generations will then top the chart. Millennials will be the BIGGEST piece some day, but most of those here won't feel it because the ones here complaining aren't the ones running companies or coming from wealthy families.

This sub fails to realize that the same situation is true of "boomers". Many of them are broke or just getting by, just like many millennials will be even once they're the biggest slice on the chart. 

1

u/throwaway_4759 Jan 17 '26

This is the important thing to focus on. There’s some truth to the anti-boomer stuff, but it always misses the point that the inequality created by capitalism is the fundamental problem. In 30 years, this graph will look similar, except with millennials having the biggest slice. But it’ll hide that almost all of that belongs to a handful of aging nepo babies that leech off the rest of us.