During the period from 1995 to 2021, the top one percent of wealthy people in Europe increased their share of the wealth distribution from 22 percent to over 26 percent. Over the same period, the wealth of the bottom 50 percent and the middle forty percent (top 10-50%) of people saw their shares shrink, while the share of wealth owned by the rest of the top 10 percent remained stable, at between 35 and 36 percent. The top 10 percent of wealthy people collectively own more than the remaining 90 percent of people in Europe combined in all years of this period.
Share of total wealth owned by different wealth percentiles in Europe from 1995 to 2021
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World Inequality Lab. (September 14, 2023). Share of total wealth owned by different wealth percentiles in Europe from 1995 to 2021 [Graph]. In Statista. Retrieved October 31, 2024, from https://www.statista.com/statistics/1413278/inequality-europe-wealth-share-percentiles/
World Inequality Lab. "Share of total wealth owned by different wealth percentiles in Europe from 1995 to 2021." Chart. September 14, 2023. Statista. Accessed October 31, 2024. https://www.statista.com/statistics/1413278/inequality-europe-wealth-share-percentiles/
World Inequality Lab. (2023). Share of total wealth owned by different wealth percentiles in Europe from 1995 to 2021. Statista. Statista Inc.. Accessed: October 31, 2024. https://www.statista.com/statistics/1413278/inequality-europe-wealth-share-percentiles/
World Inequality Lab. "Share of Total Wealth Owned by Different Wealth Percentiles in Europe from 1995 to 2021." Statista, Statista Inc., 14 Sep 2023, https://www.statista.com/statistics/1413278/inequality-europe-wealth-share-percentiles/
World Inequality Lab, Share of total wealth owned by different wealth percentiles in Europe from 1995 to 2021 Statista, https://www.statista.com/statistics/1413278/inequality-europe-wealth-share-percentiles/ (last visited October 31, 2024)
Share of total wealth owned by different wealth percentiles in Europe from 1995 to 2021 [Graph], World Inequality Lab, September 14, 2023. [Online]. Available: https://www.statista.com/statistics/1413278/inequality-europe-wealth-share-percentiles/