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Half of all adults own < USD $2,200. The bottom 20% (something like 1 billion adults today) own < USD $248. Inequality is increasing - the top 1% own almost 51%
by jly 10y ago
Half of all adults own < USD $2,200.
The bottom 20% (something like 1 billion adults today) own < USD $248.
Inequality is increasing - the top 1% own almost 51% of global assets.
These statistics show that most humans have very little accumulated wealth to control, and very few humans have a lot of the total global wealth.
- gjm11 10y agoI agree with all of that. But nikolay claimed that most people have zero or negative wealth, and that isn't correct.