Blog #19: Wealth inequality worse globally than in the U.S.
If you click this link and watch the video: https://www.youtube.com/watch?v=uWSxzjyMNpU, you’ll find out that global wealth inequality is far worse than in the U.S.
Following are the main findings in research cited in the video:
80% of the world’s peoples barely have wealth.
Richest 2% have more wealth than half of the rest of the world.
The world’s total wealth is roughly $223 trillion.
The richest 1% have accumulated 43% of the world’s total wealth of $233 trillion.