Top

A major investment bank just broke down the world’s astonishing and warped distribution of wealth

October 13, 2015

Via: itCurated

The distribution of global wealth is getting more unequal every year, according to a huge study by Credit Suisse.

The bank has compiled statistics to show that just 0.7% of the world’s adult population own almost half of the world’s wealth, while the bottom 71% have less than $10,000 (£6,500) each.

That poorest two-thirds of the population own a 3% sliver of the world’s wealth, and inequality is rising according to the analysts at Credit Suisse.