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Richest 2% Own Half the World's Wealth
kop writes "The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute. Most previous studies of economic disparity have looked at income, whereas this one looks at wealth — assets minus debts. The survey is based on data for the year 2000. Many figures, especially for developing countries, have had to be estimated. Nonetheless, the authors say it is the most comprehensive study of personal wealth ever undertaken." The study itself is available from the World Institute for Development Economics Research.
In general the places with starving kids aren't attracting the interest of the mega-rich so how can you blame them? In fact when Western companies bring employment to poorer countries it's looked on as exploitation or off-shoring and they get dog's abuse anyway.
This is odd:
0.001 euro's and you get: You're in the TOP 68.98% richest people in the world!
Now try 0 euro and the result is: You're in the TOP 68.98% richest people in the world!
Amazing 31.02% procent of the world population has an income of less than nothing!
It's the same for negative numbers.
Read, refresh, repeat.