The Credit Suisse Research Institute’s Global Wealth Report is the most comprehensive source of global household wealth information. It analyzes wealth held by 4.8 billion adults across the globe, from the least affluent to the wealthiest individuals. Now in its eighth edition, the report includes a focus on Millennials’ wealth position and provides a comparison with earlier generations.
Our calculations show that the top 1% of global wealth holders started the millennium with 45.5% of all household wealth. This share was about the same until 2006, then fell to 42.5% two years later. The downward trend reversed after 2008 and the share of the top 1% has been on an upward path ever since, passing the 2000 level in 2013 and achieving new peaks every year thereafter. According to our latest estimates, the top 1% own 50.1% of all household wealth in the world.
Chosen excerpts by Job Market Monitor. Read the whole story at Global Wealth Report 2017 – Credit Suisse Publications