Home » General World News » The 1% are getting even richer — and it’s not going to stop any time soon

The 1% are getting even richer — and it’s not going to stop any time soon





occupy protest

  • The world’s richest people — the so-called 1% — will control almost two-thirds of global wealth by 2030.
  • That’s according to a report from the House of Commons library, commissioned by Labour MP Liam Byrne.
  • Currently the top 1% own 50.1% of all household wealth in the world, according to a Credit Suisse report last year.

LONDON — The world’s richest 1% of people will control close to two-thirds of all global wealth by the year 2030, according to report produced by the House of Commons library, the research arm of the UK’s parliament.

The global elite currently control around 50% of wealth around read more >>>

Source:: BusinessInsider.Com

Comments are closed.