Wealth distribution inequality
While Americans and much of the world fixate on such things as Donald Trump’s latest tweets, the plague of inequality continues to grow.
An analysis of 2016 data found that the poorest five deciles of the world population own about $410 billion in total wealth.
As of June 8, 2017, the world’s richest five* men owned over $400 billion in wealth. (* Bill Gates, Warren Buffett, Jeff Bezos, Amancio Ortega, Mark Zuckerberg.)
Thus, on average, each of these men own nearly as much as 750 million people.
This entry was posted in International Cooperation, Uncategorized by Grant Montgomery.