[NietzscheanNull]

Sure. Hedge fund owners, VC firm owners, cosmetic surgeons, the Walton heirs, and Zuck/Jensen/Jeff/Elon own 97.5% of all wealth in the United States. The former three, while each representing cohorts, are very small cohorts. The latter are billionaire individuals.

If you're an American and not among those specific groups, your share of the remaining 2.5% is split with the rest of the US population in that slice (i.e., the overwhelming majority of the population). It's an illustration of our extreme wealth inequality. (Whether it's an effective or good one is a matter of opinion, but I do think it broadly conveys what it intends to.)

[JKCalhoun]

So no one's arguing though that in fact "the rest of us" are just that tiny slice?

Yeah, the uber-wealthy need a reckoning.

[BobaFloutist]

Ok but many hedge funds and VCs have institutional investors. How does it look if you allocate pension funds to their ultimate beneficiaries?