Top 1% of adults own 51% of the world’s wealth; top 10% own 89%; and bottom 50% own only 1%. — Michael Roberts Blog

The top 1% of the adult wealth holders in the world own 51% of all global wealth, while the bottom half of adults own only 1%. Indeed, the top 10% of adults own 89% of all the world’s wealth! This is the new figure reached for 2016 by the annual Credit Suisse global wealth report. […]

via Top 1% of adults own 51% of the world’s wealth; top 10% own 89%; and bottom 50% own only 1%. — Michael Roberts Blog

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s