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The world got 11% richer last year. Most people didn't.
Summary by Business Insider
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1 Articles
The world got 11% richer last year. Most people didn't.
Growing wealth inequality has spurred protests against the ultrawealthy, including outside the Jeff Bezos-sponsored Met Gala this year.Spencer Platt/Getty ImagesGlobal wealth surged by 11% last year, yet wealth disparity grew, according to a new UBS report.In the US, average wealth per adult was nearly $700,000, compared with a median of about $70,000.The data demonstrates the persisting K-shaped economy.The good news: The world got a lot richer…
·New York, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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