World's 80 Richest People Have Same Wealth As Poorest 50%

A large portion of the world's financial resources is being controlled by a small and wealthy elite. The scale of inequality across the globe is simply staggering - the wealthiest 1 percent will soon own more than the rest of the world's population, according to a report from Oxfam.

The report also states that the world's 80 richest individuals have the same wealth as that owned by the bottom 50 percent of the global population - some 3.5 billion people. Between 2009 and 2014, the wealth of the planet's 80 richest has more than doubled in nominal terms while the wealth of the bottom 50 percent was lower in 2014 than it was in 2009.

Description

This chart shows the global wealth of the poorest 50% and 80 richest individuals.

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Share of the global wealth held by the richest percent 2002-2022
Share of personal wealth held in Spain 1999-2022, by wealth percentile
Gini coefficient income distribution inequality in Latin America 2022, by country
Gini coefficient income distribution inequality in Brazil 2010-2022
Gini coefficient income distribution inequality in Colombia 2000-2022
Gini coefficient income distribution inequality in Guatemala 2000-2022

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