Japan in the Age of Inequality! The richest 3% own 26% of the country's wealth

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Japan in the Age of Inequality! The richest 3% own 26% of the country's wealth

Japan's wealthiest now hold assets worth a total of 469,000 billion yen (about $3.100 billion), according to a report by the Nomura Research Institute (NRI), cited by Bloomberg. This is a significant increase compared to the much slower pace at which the assets of most Japanese citizens have grown. Between 2011 and 2023, the wealth of Japan's richest doubled and the wealth of the super-rich tripled, while the assets held by the households of the…