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| People protest
against extreme wealth in London. The report found that in almost every
region, the top 1% was wealthier than the bottom 90% combined. Photograph: Wiktor Szymanowicz/Future Publishing/Getty Images |
Wed 10 Dec 2025 02.00 EST
Fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire bottom half of humanity, according to a report that argues global inequality has reached such extremes that urgent action has become essential.
The authoritative World Inequality Report 2026, based on data compiled by 200 researchers, also found that the top 10% of income-earners earn more than the other 90% combined, while the poorest half captures less than 10% of total global earnings.
Wealth – the value of people’s assets – was even more concentrated than income, or earnings from work and investments, the report found, with the richest 10% of the world’s population owning 75% of wealth and the bottom half just 2%.
In almost every region, the top 1% was wealthier than the bottom 90% combined, the report found, with wealth inequality increasing rapidly around the world.
“The result is a world in which a tiny minority commands unprecedented financial power, while billions remain excluded from even basic economic stability,” the authors, led by Ricardo Gómez-Carrera of the Paris School of Economics, wrote.
The share of global wealth held by the top 0.001% has grown from almost 4% in 1995 to more than 6%, the report said, while the wealth of multimillionaires had increased by about 8% annually since the 1990s – nearly twice the rate of the bottom 50%.... READ MORE https://www.theguardian.com/inequality/2025/dec/10/just-0001-hold-three-times-the-wealth-of-poorest-half-of-humanity-report-finds
[AS ALWAYS PLEASE GO TO THE LINK TO READ GOOD ARTICLES (or quotes or watch videos) IN FULL: HELP SHAPE ALGORITHMS (and conversations) THAT EMPOWER DECENCY, DIGNITY, JUSTICE & PEACE... and hopefully Palestine]
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