Top 0.001% holds three times more wealth than poorest half of humanity – report
NegativeFinancial Markets
- The World Inequality Report reveals that the wealthiest 0.001% of the global population holds three times more wealth than the poorest half of humanity, highlighting a significant and growing disparity in wealth distribution. This report underscores the widening gap between the top 10% and the remaining 90%, indicating a troubling trend in economic inequality.
- This development raises concerns about social and economic stability, as such extreme wealth concentration can lead to increased social tensions and hinder overall economic growth. The findings call for urgent discussions on wealth redistribution and policies aimed at addressing inequality.
— via World Pulse Now AI Editorial System
