Net worth of individuals has increased since the COVID-19 pandemic, largely due to stock market gains and property value increases. The top 1% saw the highest net worth increase of 22%. Household wealth hit record highs of $154.28 trillion last quarter, driven by a stock market rally and rebounding property values. The SPDR S&P 500 ETF Trust (NYSE:SPY) was up more than 12% since the start of the year, but has trended lower in recent months.