Wealth distribution

From Conservapedia - Reading time: 1 min

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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]

”

External links[edit]

• The Changing Wealth of Nations, World Bank, 2018

Notes[edit]