A Simple Image showing the Concentration of Wealth

by Catherine Mulbrandon

From a poster series The World of 100 by Toby Ng looking at statistical information about the world. Found via Brainpickings

If you assume the world is made of 100 people then 6 people have 59% of the world’s net wealth. Unfortunately, I didn’t see any reference to the data source for this image but that sounds about right.

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Tagged as: Net Worth, World

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Jeffhardy

Interesting statistic, but it is a bit useless absent context. Every rule has its exceptions, but generally speaking, those who are disposed to invent, create, save, and invest will always have a disproportionate share of the “net worth” available in an economic system. It should be surprising if we found this not to be true.

This means that, again as a general rule, any member of the “20 that share 2%” can advance themselves to the “6″ by applying these habits/activities. It may then be reasonably assumed that were the sum total of all assets to be redistributed evenly amongst the populace–one the economic chaos had settled–this chart would quickly represent itslef again in a similar distribution as it is shown now, likely within a few short years.

Be well,
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SandyNicholsak

Where have been all my life ? I will follow this with interest and post it on my Facebook page when appropriate. Thanks.
Sandy N.