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6 private links
My last post was on the Global Wealth report produced every year by Credit Suisse and associated economists. ... However, as I published that post, the 2023 global wealth report was released, now under the name of UBS which has taken over Credit Suisse (that’s another story). Now the data show that in 2022, global wealth inequality dropped back to 1% of adults (59m) owning 44.5% of all personal wealth, still slightly higher than before the pandemic in 2019. At the other end of the wealth pyramid, the bottom 52.5% of the world’ population (2.8bn) had net wealth of just 1.2%, slightly better than in 2021.