Extreme Concentration of Global Wealth

Source: Visual Capitalist   The data on wealth inequality continues to surprise: Less than 1% of the world’s adult population occupies the $1M+ wealth range. This group collectively controls 46% of the world’s wealth, valued at approximately $129 trillion. At the other end of the scale, 70% of world’s adult population fall into the sub-$10K…

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The post Extreme Concentration of Global Wealth appeared first on The Big Picture.

source https://ritholtz.com/2019/07/extreme-concentration-of-global-wealth/

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