14-11-2017 12:56 via theguardian.com

Richest 1% own half the world's wealth, study finds

Credit Suisse report highlights increasing gap between the super-rich and the remainder of the globe’s populationThe globe’s richest 1% own half the world’s wealth, according to a new report highlighting the growing gap between the super-rich and everyone else. The world’s richest people have seen their share of the globe’s total wealth increase from 42.5% at the height of the 2008 financial crisis to 50.1% in 2017, or $140tn (£106tn), according to Credit Suis
Read more »