Personal wealth is distributed so unevenly across the world that the richest two per cent of adults own more than 50 per cent of the world’s assets while the poorest half hold only 1 per cent of wealth.
You often hear that it wouldn’t matter if the wealth of the rich were divided up – there would still be poor people. That’s not the case:
So much of the world’s wealth is concentrated in few hands that if all the world’s wealth was distributed evenly, each person would have $20,500 of assets to use.
We’re talking everyone IN THE WORLD here. Every single poor, starving African, Indian and everyone else would be relatively rich if only the top few percent would settle for only millions.
Should the people of the world do something about this? Discuss.