The ultra-rich are claiming an increasing share of global wealth
a day ago
- #ultra-rich
- #global economy
- #wealth inequality
- There are 56,000 ultra-rich individuals, representing the top 0.001% of the global population.
- Entry to this elite group requires at least €254 million in assets.
- The ultra-rich collectively own three times more than the poorest half of humanity (2.8 billion adults).
- The wealth gap has stabilized post-Covid but grew sharply over recent decades.
- In 1995, the 0.001% held twice as much as the poorest half.
- Data comes from a World Inequality Lab (WIL) report, co-directed by economists including Thomas Piketty.
- The report offers a global overview of inequality trends.