There’s a report in the Guardian newspaper today that cites a study from the charity Oxfam that by next year 1% of the world’s population will own one half of the world’s wealth.
In contrast, the least well-off 80% currently own just 5.5% of the world’s wealth.
With a world population of 7.2 billion, the top 1% equates to 72 million people.
Is that how many people you imagined the top 1% represents?
It’s more people than I thought until I worked it out.
I wonder what the curve of wealth ownership is like within that 1%?
What does the top 1% of the top 1% own? And the bottom 1%?
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Interesting thoughts. They talked about it on CNN today, and I wouldn’t have thought that one per cent would mean 72 million people either.
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