Wealth Distribution

From Conservapedia
See also: Income redistribution

In 2018, Business Insider indicated:

“ Currently, the top 1% of people own nearly half of the world's household wealth. According to Credit Suisse's 2018 global wealth report, "the richest decile (top 10% of adults) owns 85% of global wealth, and the top percentile alone accounts for almost half of all household wealth (47%)." This is especially true in the US, which has more members of the 1% than any other country. Credit Suisse defines membership in the top 10% as having $93,170 or more in net assets, while the top 1% has $871,320.[1] ”

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Notes[edit]

  1. ↑ A scientist who predicted a grim 'Hothouse Earth' says the world’s billionaires need to give up their money to save us, Business Insider, 2018

Categories: [Economics]

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