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.
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