Richest 1% of global population owns 50.1% of all wealth
The richest 1% of people on the planet own half of the world’s wealth, according to Credit Suisse’s global wealth report, published on Tuesday. The exact amount owned by the 1% has increased from 42.5% in 2008 to 50.1%, or $140tn (£106tn), this year. 2017 has seen the creation of 2.3 million new dollar millionaires, to a total of 36 million. Such millionaires comprise just 0.7% of the adult population, but control 46% of the total $280tn of global wealth. The poorest 3.5 billion adults, or 70% of the working population, own just 2.7% of global wealth.

Change location

You are about to change the origin location from where you are visiting Credit-suisse.com.

*The location of origin is defined in your browser settings and may not be identical with your citizenship and/or your domicile.