Overview
- The World Inequality Lab reports that the richest 10% hold 75% of global wealth and receive 53% of income, while the poorest half own 2% of wealth and take 8% of income.
- At the very top, the 0.001%—about 56,000 multimillionaires—now control more than 6% of global wealth, up from roughly 4% in 1995, with billionaire and centi‑millionaire wealth growing about 8% annually since the 1990s.
- The report’s authors advocate a global minimum wealth tax on the ultra‑rich, estimating modest rates could raise about 0.45% to 1.11% of world GDP.
- Fresh INSEE figures show French wealth is highly concentrated, with the top 10% holding nearly half of total wealth and the top 1% averaging more than €3 million, as the median household’s gross wealth stands near €205,100.
- France’s data indicate a slight rise in wealth inequality since 2015 and highlight age and upcoming inheritances as drivers, while one analysis disputes that the richest gained in the last decade, citing shifts in top shares and asset composition.