Blog #19: Wealth inequality worse globally than in the U.S.

Notebook Jun 12, 2015 at 3:45 pm

Notebook_Blog#19We’ve seen in the previous blog how serious the income gap and wealth inequality is 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.

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