America’s wealth is concentrated in equities.
Declining economic mobility and a growing wealth gap are straining American democracy, social cohesion, and public trust in our nation’s institutions.
Work to Own was established by William Mundell in 2022 to develop a sustainable, market–driven solution to the economic drivers of these challenges.
ECONOMIC REALITY: America’s wealth is concentrated in equities.
Top 1 % holds 41% of their wealth in equities.
U.S. wealth grew from $52T to $199T (in 2022 dollars) between 1989–2022.
The Top 10% captured 65–70% of this value.
The Bottom 20% captured only 1%.
THE OPPORTUNITY: Companies can boost economic mobility in America by broadening incentive–based equity across the pay scale for their employees.
THE SOLUTION: The EO Index equips public companies with an information tool to optimize employee equity distribution while enhancing firm value.
Bottom 20% holds only 9% in this asset class.