America's middle class ranks 19th in global median wealth - KSLA News 12 Shreveport, Louisiana News Weather & Sports

America's middle class ranks 19th in global median wealth

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Middle-class Americans have a median net worth of $44,900 per adult, ranking 19th in the world for wealth. (Source: CNN) Middle-class Americans have a median net worth of $44,900 per adult, ranking 19th in the world for wealth. (Source: CNN)

(CNN) - The United States is among the top five wealthiest nations. But America's middle class is not as well off as you may think.

The average American's net worth tops $301,000, according to the Credit Suisse Global Wealth report. That puts the U.S. in fourth place.

But globally, the rank of middle-class Americans falls to 19th place with a median net worth of $44,900 per adult.

So why the big gap?

Super rich Americans skew average wealth upwards.

And the U.S. has 42 percent of the world's millionaires, and 49 percent of those with more than $50 million in assets.

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