Coming to a US city soon....they wish us dead or in concentration camps after they confiscate our wealth. Hyperbole? Just read the news and see what is going on.
Coming to a US city soon....they wish us dead or in concentration camps after they confiscate our wealth. Hyperbole? Just read the news and see what is going on.
ECONOMY: This Simple Chart Reveals the Distribution Of Global WealthPublished 2 years ago on September 20, 2021
By Anshool Deshmukh
Visualizing Global Wealth Distribution
▼ Use This Visualization
The Global Wealth Distribution in One Chart
The pandemic resulted in global wealth taking a significant dip in the first part of 2020. By the end of March, global household wealth had already declined by around 4.4%.
Interestingly, after much monetary and fiscal stimulus from governments around the world, global household wealth was more than able to recover, finishing up the year at $418.3 trillion, a 7.4% gain from the previous year.
Using data from Credit Suisse, this graphic looks at how global wealth is distributed among the adult population.
How is Global Wealth Distributed?
While individuals worth more than $1 million constitute just 1.1% of the world’s population, they hold 45.8% of global wealth.
How is Global Wealth Distributed?
While individuals worth more than $1 million constitute just 1.1% of the world’s population, they hold 45.8% of global wealth.
Wealth Range Wealth Global Share (%) Adult Population
Over $1M: $191.6 trillion 45.8% Held by 1.1%
$100k-$1M: $163.9 trillion 39.1% Held by 11.1%
$10k-$100k $57.3 trillion 13.7% Held by 32.8%
Less > $10k: $5.5 trillion 1.3% Held by 55.0%
Total> $418.3 trillion 100.% Held by 100.0%
On the other end of the spectrum, 55% of the population owns only 1.3% of global wealth.
https://brownstone.org/articles/capital-postmodernism-left-authoritarianism-unholy-alliance/