Friday, January 14, 2022

German Inequality

The top 10% of German people own 67% of the wealth

The richest 10% own two-thirds of total private wealth (some €12 trillion in assets); the richest 1% own a third, while the richest 0.1% own up to a fifth.

At the end of the table, the bottom half own few to no assets — just 1.3% of overall private wealth — and are left almost nothing when family members die. 

Universal Inheritance: Would €20k at 18 help to reset inequality? | Business | Economy and finance news from a German perspective | DW | 12.01.2022

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