The level of financial inequality around the world is staggering. According to a new Credit Suisse report, 45.8 percent of global household wealth is in the hands of just 1.1 percent of the world’s population. Those 56 million individuals control a mind-boggling $191.6 trillion, as can be seen on the following pyramid.
Below that, 583 million people own $163.9 trillion, 39.1 percent of global wealth, despite accounting for just 11.1 percent of the adult population. The base of the pyramid is the most poignant and it shows how 2.9 billion people (55 percent of the world’s population) share a combined wealth of $5.5 trillion which is just 1.3 percent of total wealth.
This chart provides an overview of global wealth distribution in 2020 (U.S. dollars).
