Richest 1% on target to own two-thirds of all wealth by 2030

Written by  on April 7, 2018 

World leaders urged to act as anger over inequality reaches a ‘tipping point’

Since 2008, the wealth of the richest 1% has been growing at an average of 6% a year – much faster than the 3% growth in wealth of the remaining 99% of the world’s population. Should that continue, the top 1% would hold wealth equating to $305tn (£216.5tn) – up from $140tn today.

Source: https://www.theguardian.com/business/2018/apr/07/global-inequality-tipping-point-2030

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