Economic Growth

How is wealth distributed around the world?

This pyramid shows that as of 2015, 3.4 billion people (71% of the world’s adults) are in possession of less than $10,000. Another billion people (21% of the world’s adults) have financial assets of between $10,000 and $100,000. At the very top of the pyramid, 34 million people have a fortune of $1 million of higher, and they collectively control a whopping $113 trillion. By contrast, the 3.4 billion people at the base of the pyramid control just $7.4 trillion, according to the Global Wealth Report from Credit Suisse.

151102-global wealth statista pyramid distribution

Have you read?
Who are the 1%? The answer might surprise you
Why the wealthy don’t understand income inequality

Can redistributing wealth also be good for growth?

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Author: Niall McCarthy is a Media Relations Manager at Statista

Image: Residents are seen in the Villa 31 slum, which censuses show has grown 50 percent in the past four years to currently house some 40,000 people, near the 100-year-old railway station Retiro in the heart of Buenos Aires, February 9, 2014. REUTERS/Enrique Marcarian.

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