cover image: Extreme Wealth: - The growing number of people with extreme wealth and what an

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Extreme Wealth: - The growing number of people with extreme wealth and what an

13 Jan 2023

For the purposes of analysis at the global level, we have based our calculations for extreme levels of wealth to be those with more than $5 million - the top 0.05 percent of the global population -  although the assessment of extreme wealth levels varies from country to country. [...] The richest 0.0196 percent of Canadians - those with a net wealth of 50 million and above - have 2 times the wealth than the bottom 50 percent combined. [...] Meanwhile, the wealth of the richest 0.0375 percent of Chileans - which is equivalent to half of the country’s GDP in 2021 - amounts to 7 times more wealth than the bottom 50 percent. [...] In other words, French billionaires gained six times more wealth than the bottom 50 percent of French citizens.2   The richest ten French billionaires have more wealth than the bottom 40 percent of the French population. [...] The wealth of the richest 20 billionaires is equivalent to the wealth of 700 million Indians.
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15
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Denmark