https://www.msn.com/en-us/money/markets ... spartanntpThe wealthiest 1 percent of the world's population now owns more than half of the world's wealth, according to a new report.
The total wealth in the world grew by 6 percent over the past 12 months to $280 trillion, marking the fastest wealth-creation since 2012, according to a new report from Credit Suisse. More than half of the $16.7 trillion in new wealth was in the U.S., which grew $8.5 trillion richer.
But that wealth around the world is increasingly concentrated among those at the top. The top 1 percent now own 50.1 percent of the world's wealth, up from 45.5 percent in 2001.
1% own more than 50% of worlds wealth
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Super Nova
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1% own more than 50% of worlds wealth
While this has probably been the case forever (think kings, servs) I think this will eventual become a real problem as history shows the disenfranchised will rise up against those that have. The trickle down effect is just BS and the rich are racing away from the rest of us.
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