Articles by Spencer Woodman
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Wealth Inequality ‘Crisis’ as Richest 1 Percent Account for Half the World’s Wealth
Spencer Woodman – International Consortium of Investigative Journalists,
20 Nov 2017
14 Nov 2017 – The world’s top 1 percent held 45.5 percent of all household wealth in 2000. Now, they hold 50.1 percent, according to Credit Suisse’s annual Global Wealth Report. The report highlights that Ultra High Net Worth Individuals – people who are worth more than $50 million – as being the driving force behind the gap. This group of wealth holders has grown five-fold since 2000.
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