America's top 1% has total net worth of $44 trillion

LOS ANGELES- Recent data from the Federal Reserve reveals that by the end of the fourth quarter of 2023, the wealth amassed by America's wealthiest 1% reached an unprecedented milestone of $44.6 trillion. The collective net worth of this select cohort, delineated by the Fed as individuals holding assets surpassing $11 million, surged by $2 trillion during the…