Published On: Tue, Nov 11th, 2014

0.7% Of The World’s Population Control 41% Of Its Wealth

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Financial inequality is steadily rising alongside global wealth, which reached a grand total of $263 trillion in 2014. According to Crédit Suisse, people with a net worth of over $1 million represent just 0.7 percent of the planet’s population, but they control 41 percent of its wealth. 

69 percent of the world’s population have a net worth of under $10, 000 – they account for a mere 3 percent of global wealth. Meanwhile, 23 percent fall into the $10, 000-$100, 000 bracket and they control 14 percent of worldwide wealth. In order to be counted among the wealthiest half of the world’s citizens, a person requires a net worth of $3, 650.

 

Infographic: 0.7% Of The World's Population Control 41% Of Its Wealth | Statista

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