More than half of Ireland’s net household wealth rests in
the hands of just 10% of the population, while people in less well-off sectors
of society owe more than they own.
The top 10% of the country’s richest households own 53.8% of
net wealth — defined as real and financial assets minus debt.
The top 5% of households can lay claim to almost 38% of net
wealth
While 15% of the
wealth lies in the pockets of the richest 1%.
At the opposite end of the scale, the poorest 20% of
households owe more than they own.
The Central Bank points to a higher level of wealth
inequality in Ireland than the euro-zone average. In 1987 figures showed that
the top 10% of the population then owned 42% of net household wealth as opposed
to 53% in current times. The top 1% then owned 10% of net wealth.
http://www.irishexaminer.com/ireland/top-10-own-over-half-of-irish-wealth-330046.html
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