A lot of people own nothing or are in net debt though and all of those would get included in the bottom 50%.
Plus there is a strong "property of how you measure wealth" effect going into this. Specifically here we are largely comparing stuff like basic items as wealth for the bottom 50% and for the top 0.01% we are measuring stocks/crypto owned * market price which is a synthetic measure and can sort of balloon arbitrarily.
It would be more interesting to see things like the inequality of true apples to apples things like vehicles, land owned, fuel used, electricity used, etc.
An interesting apples to apples one is to see how inequal views on social media are. Which have a massive concentration effect as well.
Then you could measure how much we are funneling resources and attention on different categories.