World’s Rich Own Triple the Wealth of Poorest Half, Study Finds
The World Inequality Report 2026 finds the top 0.001% own triple the wealth of the poorest 50%, while the richest 10% hold 75% of global wealth.
- On Wednesday, the World Inequality Report's third edition found the top 0.001%—fewer than 60,000 multimillionaires—own three times more wealth than the bottom 50%. Ricardo Gómez-Carrera is the report's lead author.
- The report argues political and institutional choices have driven rising inequality, highlighting the global financial system favours rich countries and climate and gender divides reshape 21st-century inequality.
- The analysis found the richest 10% hold about 65% of global wealth, the top 10% receive about 58% of national income, and billionaire wealth has grown about 8% annually since the 1990s.
- Authors urged fair taxation of the mega-rich and investments in social programmes and climate action, warning choices in the coming years will determine if inequality deepens or shared prosperity emerges.
- In India, the report found the top 1% hold 40% of wealth, while female labour participation is 15.7% and average annual income is about 6,200 euros, with no recent improvement.
27 Articles
27 Articles
New Data Shows the World’s Wealth Gap Has Never Been Wider
The gap between the world’s richest and everyone else has reached mathematically surreal proportions. The newly released World Inequality Report estimates that fewer than 60,000 people — about 0.001% of the global population — now control three times more wealth than the entire bottom half of humanity. The report, released with the United Nations Development Programme, shows a global economy where financial power has concentrated at a pace resea…
Inequality is a familiar feature of the global economy, but this year it has become so critical that it requires immediate intervention. This is the main claim of the 2026 World Inequality Report, which was developed by 200 researchers over the past four years based on the world's largest, open database. The report was created in collaboration with the United Nations Development Programme. The research team examines, among other things, the rela…
The World Inequalities Report 2026 was released on Wednesday, December 10. This work by 200 researchers reveals that the gap between the richest and the most disadvantaged is widening. At the same time, the differences in pay between men and women are struggling to settle. - 0.001% of the population is three times richer than half of humanity (Economy).
Richest 0.001% Now Own Three Times More Wealth Than Poorest Half of Humanity Combined
A landmark report on global inequality shows that the chasm between the richest slice of humanity and everyone else continued to expand this year
Fewer than 60,000 multimillionaires, or 0.001 percent of the world's population, today control three times more wealth than the bottom half of humanity, in terms of wealth, according to the latest report published today by the World Inequality Laboratory.
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