From: glevy@PRATT.EDU
Date: Thu Dec 07 2006 - 10:00:45 EST
via Antonio Pagliarone:
A new study from the World Institute for Development Economics
Research
[<http://www.wider.unu.edu/research/2006-2007/2006-2007-1/wider-wdhw-launch-5-12-2006/wider-wdhw-press-release-5-12-2006.htm>]
suggests that:
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).
The most comprehensive study of personal wealth ever undertaken also
reports that the richest 1% of adults alone owned 40% of global assets
in the year 2000, and that the richest 10% of adults accounted for 85%
of the world total. In contrast, the bottom half of the world adult
population owned barely 1% of global wealth.
There are, it suggests over 13.5 million millionaires in the world,
slightly more than 450,000 with wealth above $10m, 15,000 with wealth
over $100m, and precisely 499
billionaires...<http://www.wider.unu.edu/research/2006-2007/2006-2007-1/wider-wdhw-launch-5-12-2006/wider-wdhw-report-5-12-2006.pdf>
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