0.7% Of The World's Population Control 41% Of Its Wealth

November 15th, 2014
in News, econ_news, syndication

from Felix Richter, Statista.com
by Niall McCarthy

Financial inequality is steadily rising alongside global wealth, which reached a grand total of $263 trillion in 2014.

Follow up:

According to Crédit Suisse, people with a net worth of over $1 million represent just 0.7 percent of the planet's population, but they control 41 percent of its wealth.

69 percent of the world's population have a net worth of under $10,000 - they account for a mere 3 percent of global wealth. Meanwhile, 23 percent fall into the $10,000-$100,000 bracket and they control 14 percent of worldwide wealth. In order to be counted among the wealthiest half of the world's citizens, a person requires a net worth of $3,650.

This chart shows how the world's wealth is shared amongst its population, by income group.

Infographic: 0.7% Of The World's Population Control 41% Of Its Wealth | Statista
You will find more statistics at Statista


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