1% of world’s population holds nearly half its wealth

Jun 8, 2016 10:17 AM PHT

Rappler.com

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1% of world’s population holds nearly half its wealth

AFP

A new study from the Boston Consulting Group showed that only 1% of the world’s population can call themselves millionaires or richer. Together, however, they hold almost half the world’s wealth. The elite 1% have also grown their share of global wealth from 45% in 2013 to 47% in 2015.

Check out the rest of the study’s findings.