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