This is a syndicated repost published with the permission of Statista | Infographics. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
The level of financial inequality around the world is staggering. According to a new Credit Suisse report, 47.8 percent of global household wealth is in the hands of just 1.2 percent of the world’s population. Those 62.5 million individuals control a staggering $221.7 trillion, as can be seen on this infographic.
Below that, 627 million people own $176.5 trillion, 38.1 percent of global wealth, despite accounting for just 11.8 percent of the adult population. The base of the pyramid is the most poignant, and it shows how 2.8 billion people (53.2 percent of the world’s population) share a combined wealth of $5 trillion – which is just 1.1 percent of total global wealth.
This chart provides an overview of global wealth distribution in 2021.
Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
You must log in to post a comment.