13 Staggering Facts About The Global Super Rich

By Tommy Pettersson

The world economy may still be in the doldrums, but global wealth continues to grow, hitting an all-time high this year of $231 trillion, according to a new global wealth report from Credit Suisse.

And more than ever, that figure is concentrated at the top of the pile. A mere 0.5% of the world's population owns an eye-popping 38.5% of its total wealth.

As protests against the "1%" continue to rage on in downtown Manhattan and cities across the globe, we're taking a look at how wealth is distributed and which countries are increasing their share of the world's richest people.

The charts are from Credit Suisse's 2011 Global Wealth Report. Click here to download the full report.



13 Staggering Facts About The Global Super Rich :: 0.5% of the world's population owns 38.5% of its wealth. This is insane.

0.5% of the world's population owns 38.5% of its wealth. This is insane.



13 Staggering Facts About The Global Super Rich :: And the bottom two-thirds account for just 3.3% of wealth.

And the bottom two-thirds account for just 3.3% of wealth.



13 Staggering Facts About The Global Super Rich :: Here you can see what continents comprise different wealth deciles. Developed markets clearly dominate the top 10%.

Here you can see what continents comprise different wealth deciles. Developed markets clearly dominate the top 10%.



13 Staggering Facts About The Global Super Rich :: Wealth inequality in Africa is so high that while almost half of African adults are in the bottom two wealth deciles, some individuals are still in the top 1%.

Wealth inequality in Africa is so high that while almost half of African adults are in the bottom two wealth deciles, some individuals are still in the top 1%.



13 Staggering Facts About The Global Super Rich :: China, India, Latin America and Africa account for 56% of the world's population, but just 16% of its wealth.

China, India, Latin America and Africa account for 56% of the world's population, but just 16% of its wealth.



13 Staggering Facts About The Global Super Rich :: The U.S. is home to 21% of people who have more than $100,000 in wealth. Japan is home to 16%.

The U.S. is home to 21% of people who have more than $100,000 in wealth. Japan is home to 16%.



13 Staggering Facts About The Global Super Rich :: And those numbers are even more concentrated when you look at millionaires. One-third of the world's millionaires live in the U.S. Sweden and Switzerland each have 2% of global membership, but a much smaller fraction of the global population.

And those numbers are even more concentrated when you look at millionaires. One-third of the world's millionaires live in the U.S. Sweden and Switzerland each have 2% of global membership, but a much smaller fraction of the global population.



13 Staggering Facts About The Global Super Rich :: And the number of ultra-high net worth individuals is growing, due, in part, to the fact that

And the number of ultra-high net worth individuals is growing, due, in part, to the fact that "the past decade has been especially conducive to the establishment of large fortunes," according to Credit Suisse.



13 Staggering Facts About The Global Super Rich :: This year, Europe surpassed the U.S. in terms of the number of high-net worth residents (who own between $1 million and $50 million).

This year, Europe surpassed the U.S. in terms of the number of high-net worth residents (who own between $1 million and $50 million).



13 Staggering Facts About The Global Super Rich :: However, it's the only region where the growth of wealth slowed down in the past year.

However, it's the only region where the growth of wealth slowed down in the past year.



13 Staggering Facts About The Global Super Rich :: In terms of ultra-high net worth individuals (with net assets above $50 million), the U.S. still dominates. It's home to 42% of the group.

In terms of ultra-high net worth individuals (with net assets above $50 million), the U.S. still dominates. It's home to 42% of the group.



13 Staggering Facts About The Global Super Rich :: The U.S. is home to 32% of the world's billionaires and 41% of people whose net worth exceeds $10 million.

The U.S. is home to 32% of the world's billionaires and 41% of people whose net worth exceeds $10 million.



13 Staggering Facts About The Global Super Rich :: China's share is increasing. The number of millionaires in China is expected to double between now and 2016.

China's share is increasing. The number of millionaires in China is expected to double between now and 2016.




Tommy Pettersson
Article by Tommy Pettersson
Tommy Pettersson is a well known internet developer and the founder of Fair Trade Community. Fair Trade Community is a community where people can get facts and information, meet and discuss how they can help to improve the lives of some of the poorest people in the world. Learn more at Fair Trade Community.

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