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submitted 1 day ago* (last edited 1 day ago) by HellsBelle@sh.itjust.works to c/world@lemmy.world

Fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire bottom half of humanity, according to a report that argues global inequality has reached such extremes that urgent action has become essential.

The authoritative World Inequality Report 2026, based on data compiled by 200 researchers, also found that the top 10% of income-earners earn more than the other 90% combined, while the poorest half captures less than 10% of total global earnings.

Wealth – the value of people’s assets – was even more concentrated than income, or earnings from work and investments, the report found, with the richest 10% of the world’s population owning 75% of wealth and the bottom half just 2%.

In almost every region, the top 1% was wealthier than the bottom 90% combined, the report found, with wealth inequality increasing rapidly around the world.

“The result is a world in which a tiny minority commands unprecedented financial power, while billions remain excluded from even basic economic stability,” the authors, led by Ricardo Gómez-Carrera of the Paris School of Economics, wrote.

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[-] realitista@lemmus.org 19 points 1 day ago

Those 60,000 people have so much money that you can factor in cost of living on the moon and they'd still have thousands of times better lives than anyone on earth.

[-] fonix232@fedia.io 2 points 1 day ago

You do realise that I'm NOT part of that 60k and I wasn't defending them, right?

Read the second part of the damn post ffs, where it equates high earners with the highest wealth people as if they're equally the issue.

[-] Coldcell@sh.itjust.works 4 points 1 day ago

Dw man, I hear what you're saying, I can read. I kind of agree that it's PRIMARILY those 60k chucklefucks that have ruined humanity, but I'd say that ultra high cost of living and therefore artificially boosted wages, value, worth, all of it is a consequence of this capitalist surge of "line must go up". The rat race has always existed, as has inequality, but the appeal of trying to right the balance by donating, volunteering, etc. has all but died out. If you're not living hand to mouth, most of us should be helping the poor, it's just such a fucking absurdly diminished prospect given the giant cancer of the ultra rich. We need to fix it and get some goddamn compassion back.

this post was submitted on 10 Dec 2025
868 points (100.0% liked)

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