Excerpted from the Times of London:
The richest 2 per cent of adults own more than half the world’s wealth, according to the most comprehensive study of personal assets.
The richest 10 per cent of adults accounted for 85 per cent of assets. The bottom 50 per cent of the world’s adults owned barely 1 per cent of global wealth.
In terms of wealth distribution the US was among the most unequal, whereas Japan had one of the lowest levels of inequality. Britain ranked with Russia, Indonesia and Pakistan in wealth inequality