10 million people own a third of all assets
Are you a HNWI? If so you are one of 10 million guys controlling one third of all assets. And while the world economy went into recession your wealth increased some 19 percent.
The most commonly quoted figure for "membership" in the high net worth "club" is $1 million in liquid financial assets.
The world’s population of high net worth individuals (HNWIs) grew 17.1% to 10.0 million in 2009.The world’s population of high net worth individuals (HNWIs) returned to 10 million in 2009, increasing by 17.1% over 2008. HNWI financial wealth increased 18.9% from 2008 levels to $39 trillion. After losing 24.0% in 2008, Ultra-HNWIs saw wealth rebound 21.5% in 2009. Ultra-HNWIs increased their wealth by 21.5% in 2009. In terms of the total Global HNWI population remains highly concentrated with the U.S, Japan and Germany accounting for 53.5% of the world’s HNWI population, down slightly from 2008. Source: World Wealth Report 2010. The World Wealth Report covers 71 countries in the market-sizing model, accounting for more than 98% of
global gross national income and 99% of world stock market capitalization.
World GDP, also known as world gross domestic product or GWP - gross world product, calculated on a nominal basis, was estimated at $65.61 trillion in 2007 by the CIA World Factbook
Global household wealth amounted to $125 trillion in the year 2000. The richest 2% of adults in the world own more than half of global household wealth according to a path-breaking study released today by the Helsinki-based World Institute for Development Economics Research of the United Nations University (UNU-WIDER).
well there are many different ways one can present the data of world inequality - they all have one thing in common. It is appalling.