According to a 2023 report from
Oxfam, the
richest 1 percent of the world's population has captured nearly
two-thirds of all new wealth created since 2020, totaling $42 trillion,
which is nearly twice as much as the bottom 99 percent. This
unprecedented accumulation means the top 1% now holds over half of the
world's wealth, with billionaire fortunes increasing by $2.7 billion a
day while inequality widens. Key Findings on Global Wealth Distribution
- Unequal Growth: Since 2020, the richest 1% have grabbed almost double the wealth of the rest of the world combined.
- Decadal Trend: Over the past decade, the top 1% have captured around half of all new global wealth
- Wealth Concentration: Global wealth inequality is rising, with the top 1% holding approximately $52 trillion as of late 2025.
- Impact on Poverty: Despite high wealth concentration, the World Bank has indicated that global efforts to reduce extreme poverty have hit a standstill, with pandemic impacts hindering goals to end it.
- Taxation Inequality: The report highlights that minimal taxes are paid by the wealthiest, contributing to this gap.
Oxfam
suggests that taxing multi-millionaires and billionaires at a rate of
up to 5 percent could generate $1.7 trillion annually, which is
sufficient to lift 2 billion people out of poverty.
The top 10% of the world's population controls approximately
75% to 76%
of the total global wealth. This wealthiest decile holds the vast
majority of global assets—including property, stocks, and savings—while
the bottom 50% of the adult population owns only about 2% of the total
wealth. Key Global Wealth Distribution Statistics (2025–2026):
- Top 10% Wealth Share:
- Bottom 50% Wealth Share:
- Top 10% Income Share: of total global income
Key Findings on Wealth Concentration:
- Extreme Inequality: The wealth gap has remained high, with the top 10% holding three-quarters of global wealth.
- Individual Wealth: According to the World Inequality Report 2022, an individual in the top 10% holds an average of €550,900 (USD 771,300), while the bottom 50% owns an average of only €2,900 (USD 4,100).
- Top 0.001%: The 2026 World Inequality Report indicates that the top 0.001% has seen its share grow, holding over 6% of global wealth, which is three times the wealth of the poorest half of humanity.
- Regional Differences: In highly unequal regions like Russia, Latin America, and India, the top 10% often owns over 70-80% of the wealth.
How much does it cost to feed a child in sub Sahara Africa? For the sake of precision: due to the recent fuel and food price increase, the cost to feed a child per day is now 25 cents.
Imagine? This is PER DAY! Not per meal. Do the numbers if you dare and while you are about it, read the following link.
