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.
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?
To keep up with the Agenda subscribe to our weekly newsletter.
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.