The World Inequality Lab has simply released its annual World Inequality Report. The 2022 report highlights numerous attention-grabbing figures particularly centered on how inequality in all the things from wealth to gender has modified for the reason that pandemic started, with a selected concentrate on adjustments wrought in 2021.
Some of the placing units of knowledge from the report reveals that billionaires’ whole share of world wealth has risen from 1% in 1995 to three% of all wealth in the world by 2021. Extra attention-grabbing (or alarming, relying in your standpoint), is the truth that the continuing COVDI-19 pandemic has solely accelerated this pattern. “In reality,” the report notes, “2020 marked the steepest enhance in world billionaires’ share of wealth on file.”
However simply how many folks comprise that group of world billionaires in 2021? The report sheds gentle on that too. Right here’s the variety of folks price:
- Over $100 billion: 9
- $10 billion to $100 billion: 159
- $1 billion to $10 billion: 2,582
As for how many millionaires there are:
- $100 million to $1 billion: 73,710
- $10 million to $100 million: 1,769.200
- $1 million to $10 million: 60,319,510
In whole, the report says there are 62,165,160 folks in the world price $1 million or extra and a couple of,750 billionaires in the world. The over 62.1 million individuals who were price $1 million or extra have a mixed wealth of $174 trillion.
The World Inequality Lab’s 2022 World Inequality Report is a captivating learn and you can find the entire report here.