Thursday, September 27, 2018

Some Statistics

The world’s total wealth is estimated to be close to $255 trillion, with the United States and Europe holding approximately two-thirds of that total.

Meanwhile, 80 percent of the world’s people live on less than $10 per day, the poorest half of the global population lives on less than $2.50 per day, and more than 1.3 billion people live on only $1.25 per day. 

795 million people on the planet are suffering from chronic hunger.  Each year, poor nutrition kills 3.1 million children under the age of five. Each day 25,000-30,000 people die from starvation or malnutrition, a staggering total of more than ten million such fatalities each year. Chronic hunger is mostly a problem of distribution, as one-third of all food produced in the world is wasted and lost. 

In 2017, 2.3 million new millionaires were created, bringing the total number of millionaires around the globe to more than 36 million. 

These millionaires represent 0.7 percent of the world’s population and they control more than 47% of global wealth. At the same time, the world’s bottom 70 percent only control 2.7% of the total wealth.

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