{"chart":{"slug":"who-owns-private-businesses","title":"Who owns America's private businesses?","takeaway":"In the second quarter of 2026, the wealthiest 1% of U.S. households held 53.0% of the value of private businesses, the next 9% held 31.8%, the next 40% held 14.2% and the bottom 50% held 1.0%. These are businesses not traded on a stock exchange, such as family firms, partnerships and property rented out to others, counted at the owners' share of their value. Groups are ranked by net worth: what households own minus what they owe. The Fed estimates each quarter by combining its Financial Accounts with its Survey of Consumer Finances, taken every three years, so the newest quarters are estimates that get revised.","topic":"Wealth","chart_type":"bar","ranking":false,"x_label":"Households, by wealth","y_label":"Share of private business wealth held by households, %","unit":"percent","points_count":4,"source":{"name":"Federal Reserve Board, Distributional Financial Accounts","url":"https://www.federalreserve.gov/releases/z1/dataviz/dfa/"},"license":{"name":"Public domain (Federal Reserve Board; cite the Board as the source)","url":"https://www.federalreserve.gov/disclaimer.htm"},"data_as_of":"2026-06-30","updated_at":"2026-09-27T01:38:40.318Z","url":"https://chart.ly/charts/who-owns-private-businesses","api_url":"https://chart.ly/api/v1/charts/who-owns-private-businesses","csv_url":"https://chart.ly/charts/who-owns-private-businesses/data.csv","image_url":"https://chart.ly/charts/who-owns-private-businesses/image.png","embed_url":"https://chart.ly/charts/who-owns-private-businesses/embed","average_label":null,"zero_axis":true,"data":[{"label":"Top 1%","value":53.0},{"label":"Next 9%","value":31.8},{"label":"Next 40%","value":14.2},{"label":"Bottom 50%","value":1.0}],"annotations":[]},"docs":"https://chart.ly/developers","credit":"Federal Reserve Board, Distributional Financial Accounts, via Chartly (https://chart.ly/charts/who-owns-private-businesses)"}