Sunday, October 27, 2013

The World's Wealthy

 Globally, 0.7 percent of the people control 41 percent of the world’s wealth.

Who are the 0.7 percent?

Credit Suisse in its 2013 Wealth Report divides the 0.7 percent into two groups: High net worth individuals whose asset holdings are between $1 million and $50 million; and ultra-high net worth individuals ranging from $50 million upward.

Worldwide 28 million people are worth $1 million to $5 million. Another 2.2 million people are worth $5 million to $10 million. And over another million people are worth $10 million to $50 million.n45,000 Americans worth over $50 million.

America is home to 42 percent of the 0.7 percent, that’s 14.4 million Americans who are millionaires in a nation of 314 million people in 2012.

7.7 percent of the global population that’s worth $100,000 to $999,000. They hold around 42 percent of global wealth.

The rest of humanity, 91.6 percent of the worlds population has a share in the remaining  17 percent of the wealth.

The estimated average wealth per adult in the U.S. and Canada was $296,004. In Europe, it was $130,712. In Asia-Pacific, it was $43,445. In Latin America, it was $23,365. In China, it was $22,230. In Africa, it was $4,929. In India, it was a mere $4,706. 

1 comment:

Mike Ballard said...

If only Russell Brand would lend his celebrity by joining the SPGB. (sigh)