Around half of the world’s household wealth is in the hands of the richest 1 percent of adults, according to a study published by the financial services company Credit Suisse.
“While the bottom half of adults collectively own less than 1% of total wealth, the richest decile (top 10% of adults) owns 88% of global assets, and the top percentile alone accounts for half of total household wealth,” the Credit Suisse report says.
Kind of sounds like a pyramid scheme!