Wednesday 16 October 2013

46 per cent global wealth owned by richest 1 per cent

From Jonny Ray - Zurich: Global wealth has risen by 68 per cent over the past 10 years to reach a new all-time high of $241 trillion and the United States accounts for nearly three quarters of the increase, Credit Suisse said in its World Wealth Report.

Average global wealth has hit a peak of $51,600 per adult but this is spread very unevenly, with the richest 10 per cent owning 86 per cent of the wealth, analysts at the Credit Suisse Research Institute said.
http://profit.ndtv.com/news/economy/article-46-per-cent-global-wealth-owned-by-richest-1-per-cent-credit-suisse-369109