Search results
Results from the WOW.Com Content Network
Country % of income of the richest 1% Albania 8.2 Algeria 9.7 Angola 15.2 Australia 9.1 Austria 9.3 Bahrain 18.0 Belgium 7.8 Benin 17.5 Bosnia and Herzegovina 8.9
The American upper class can be broken down into two groups: people of substantial means with a history of family wealth going back a century or more (called "old money") and families who have acquired their wealth more recently (e.g. fewer than 100 years), sometimes referred to as "new money". [4] [5]
In 2014, the share of national income accruing to India's top 1% of earners was 22%, while the share of the top 10% was around 56%." [11]: 123 Quartz cited the report, "[S]ince 1980 the top 0.1% have captured as much income growth as the entire bottom half of world's (adult) population. And for the group of people in between the bottom 50% and ...
The average wealth of households in the top 1 percent was about $35.5 million. In the top 0.1 percent, the average household had wealth of more than $158.6 million. Here is how the remaining ...
"The United States has the most members of the top 1% global wealth group, and currently accounts for 41% of the world's millionaires," the report notes. "Our research indicates that the United ...
This is particularly used to measure that fraction of income accruing to top earners – top 10%, 1%, 0.1%, 0.01%, and also "top 100" earners or the like; in the US top 400 earners is 0.0002% of earners (2 in 1,000,000) – to study concentration of income – wealth condensation, or rather income condensation. For example, in the chart at ...
After the Great Recession started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%. Median household wealth dropped by 36.1% compared to a drop of only 11.1% for the top 1%, further widening the gap.
After the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%. The Great Recession also caused a drop of 36.1% in median household wealth but a drop of only 11.1% for the top 1%. [55] [53]