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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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[-] NikkiDimes@lemmy.world 3 points 1 day ago

Nifty. Each person in that top 0.001% has the combined wealth of 68,333 people just to themselves. That's a whole ass city.

[-] alias_qr_rainmaker@lemmy.world 8 points 1 day ago

It is true that the poorest people have very little money and the wealthiest people have a great deal of money, so the math checks out

[-] MonkderVierte@lemmy.zip 6 points 1 day ago

That's 80'000 people vs. how much?

[-] fort_burp@feddit.nl 3 points 1 day ago

What is to be done?

[-] SethTaylor@lemmy.world 2 points 1 day ago

And now, ladies and gentlemen, please welcome senator Bernie Sanders

[-] fonix232@fedia.io 4 points 1 day ago

I don't think it's fair to compare incomes across the planet without considering cost and quality of life it buys.

For example, my current salary working in London is some seven to ten times higher than what I'd be earning in Hungary - but the differences in cost of living (okay arguably my quality of life is better though) means that general long term goals like buying a flat, will take about the same time to get started with (mortgage application, saving for deposit, etc.), and same time or even longer to finish (as in fully paid off).

Compared to a poverty-stricken African country sure I'm better off, but equating high earners with the true source of the problem, the aforementioned 60 thousand people, is disingenuous in my opinion. High earners aren't the problem - generational wealth that "generates" more wealth is.

[-] Maggoty@lemmy.world 5 points 1 day ago

The far more troubling problem to me is the division of wealth inside the countries. If we tackled that then there would also be a lot more money for the workers at the foreign owned factory in Hungary. You are right that the national income isn't the problem, but you're missing that the wealth gap in the wealthiest countries feeds the gap between countries and regions too.

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[-] webp@mander.xyz 1 points 1 day ago

Is there a digital collection that hosts propaganda images that are against the thieving wealthy?

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

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