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Friday, November 04, 2011

The Wealth Pyramid

The world’s millionaires and billionaires now control 38.5% of the world’s wealth. Less than 1% of the world’s population control about $89 trillion of the world’s wealth.

There are now 29.7 million people in the world with household net worths of $1 million, 84,700 people in the world worth $50 million or more. 29,000 people world-wide worth $100 million or more. 2,700 worth $500 million or more. Less than 1% of the world’s population control about $89 trillion of the world’s wealth.

The wealth of the rich grew 29% — about twice as fast as the wealth in the world as a whole.

http://blogs.wsj.com/wealth/2011/10/19/millionaires-control-39-of-global-wealth/?mod=WSJBlog

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