The top 10 percent of the global wealth distribution is worth $12.2 trillion, according to new research by the World Bank and the Institute for Economic Policy Research (IEPR), the world’s largest wealth-management organization.
That’s more than twice the combined wealth of the bottom half of the world population and nearly one-third the global population.
“The richest 10 percent own as much wealth as the poorest half of humanity,” said Richard Wilkinson, the IEPR’s executive director.
The report was based on data collected from a wealth index that takes into account assets such as real estate, stocks, bonds, and cash, as well as liabilities such as pension funds, trust funds, and insurance policies.
The wealth-index is a “trickier and more complex measure of wealth,” said Mark Williams, the senior global wealth analyst at IEPS.
The World Bank, which published the report, said it uses the index as an indicator of the strength of a country’s economic performance.
The data also showed that the top 1 percent of people own more wealth than the bottom 99 percent combined.
The world’s wealthiest people own assets like gold, silver, and real estate worth more than $1 trillion.
The top 1% of people have assets worth more as much as the bottom 95 percent combined, according the report.
The bottom 99% have assets of less than $50,000, and they own less than half as much assets as the top 10%.
The top 20 percent own assets worth $5 trillion.
Wealthy people in the United States, France, Germany, Italy, and Japan have the highest wealth levels.
The United Kingdom is at the bottom of the wealth pyramid, with the poorest fifth of people owning less than a quarter of the country’s wealth.
“In the United Kingdom, the wealth gap between the richest and poorest fifth is about $2 trillion,” Wilkinson said.
“For the richest fifth of households, it’s $2.4 trillion.
But it’s about $3 trillion for the bottom fifth.”
Wilkinson noted that the wealthiest fifth of the population in the UK also has the highest poverty rate in the developed world, with 18.2 percent.
Wealth inequality has been growing in the U.S. and Europe in recent years.
The median wealth in the country was $70,000 in 2015.
“Wealth is a very complex thing, and it’s not just about how much you own, but how much your money can accumulate over time,” Wilkinson added.
In 2014, the top one percent of households owned 41 percent of all assets, and the top 20 people owned 46 percent.
In the U, a similar situation was reported.
The IEPRS report said that wealth inequality has increased in the past few years.
In 2012, the richest 1 percent controlled 30.3 percent of wealth.
In 2015, that figure had jumped to 44.6 percent.
“While it’s true that the wealth of people in advanced economies is growing, it is clear that the richest 10% of households are continuing to enjoy an extraordinarily rich position,” Wilkinson noted.
The study also found that the bottom 50 percent of Americans have an average wealth of $4,200.
The average wealth for the Us and UK is about half of that.
Wilkinson said that if wealth were redistributed to the bottom 80 percent of U.s. households, they would have an income of about $25,000.
The richest 50 percent have an estimated $6.7 trillion in assets, which would equal about a third of the U’s entire wealth.
The index measures wealth based on a number of factors, including assets held by individuals, stocks and bonds held by corporations, and foreign holdings.
“This is a snapshot of a very narrow class of people, and this is what we are dealing with,” Wilkinson told Newsweek.
“It’s important to understand the broad distribution of wealth.”
He added that the report does not consider any income of individuals, the value of stocks, or the value or value of bonds.
The survey has been criticized for its low quality, however, with critics pointing to a lack of data on foreign holdings and a small number of countries.
“You have a small sample size of people with a relatively small sample of assets and you have a poor quality data set,” Williams said.
The research also found a clear link between wealth inequality and the countrys debt levels.
In countries that had the highest debt, the average wealth held by the richest people rose by an average of 3.2 percentage points.
The poorest fifth in the world, meanwhile, lost an average 1.6 percentage points of their wealth.