Wealth

Wealth is the abundance of material possessions and capital owned by an individual, household, community, corporation or country. "Since about 1750 there has been a 16-fold increase in real wealth per capita on a global scale ..." [1]

## Contents

* 1 Biblical View of Wealth
* 2 Wealth distribution by household
* 3 Survey
* 4 External links
* 5 Notes

## Biblical View of Wealth[edit]

Jesus unambiguously condemned a person giving their heart to the accumulation of wealth and the worship of money on several occasions:

"Again I tell you, it is easier for a camel to go through the eye of the needle than for someone who is rich to enter the kingdom of God" (Matthew 19:24)

"No slave can serve two masters; for a slave will either hate the one or love the other, or be devoted to the one and despise the other. You cannot serve God and wealth" (Luke 16:13).

"Do not store up for yourselves treasures on earth, where moth and rust consume and where thieves break in and steal; but store up for yourselves treasures in heaven, where neither moth nor rust consumes and where thieves do not break in and steal. For where your treasurer is, there your heart will be also." Matthew 6:19-20

"You lack one thing; go, sell what you own, and give the money to the poor, and you will have treasure in heaven; then come, follow me." (Mark 10:21)

## Wealth distribution by household[edit]

See also: Wealth distribution

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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## Survey[edit]

According to a Pew Research Centre survey reported by The Christian Post in 2020, most American people don’t believe that an individual's work ethic is an indicator of their wealth.[2]

## External links[edit]

* The Wealth Report.

## 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
2. ↑ Leonardo Blair (March 4, 2020). Most Americans don’t believe people are rich because they work hard or poor because they don’t: study. The Christian Post. Retrieved on March 5, 2020.