This is How The 1 Percent Controls The World

the 1 percent held 48 percent of global wealth. But that doesn’t mean the other 52 percent was for the rest of us; most of it was controlled by the 20 wealthiest percent, leaving just 5.5 percent of global wealth for 80 percent of the world. It used to be that the total wealth of the world’s billionaires and of the bottom half of the globe increased at roughly the same rate. That changed in 2010. Total wealth for the poorest 50 percent has actually decreased from what it was in 2009, while wealth at the top has doubled (in nominal terms). Just 80 billionaires now control the same wealth as 3.5 billion people.

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