Fewer than 60,000 people – 0.001% of the world’s population – control three times as much wealth as the entire bottom half of humanity, according to a report that argues global inequality has reached such extremes that urgent action has become essential.

The authoritative World Inequality Report 2026, based on data compiled by 200 researchers, also found that the top 10% of income-earners earn more than the other 90% combined, while the poorest half captures less than 10% of total global earnings.

Wealth – the value of people’s assets – was even more concentrated than income, or earnings from work and investments, the report found, with the richest 10% of the world’s population owning 75% of wealth and the bottom half just 2%.

In almost every region, the top 1% was wealthier than the bottom 90% combined, the report found, with wealth inequality increasing rapidly around the world.

“The result is a world in which a tiny minority commands unprecedented financial power, while billions remain excluded from even basic economic stability,” the authors, led by Ricardo Gómez-Carrera of the Paris School of Economics, wrote.

    • Maeve@kbin.earth
      link
      fedilink
      arrow-up
      3
      ·
      1 day ago

      Ah, another slur, and ableist to boot! Good job!

      I don’t use any AI, and if I did, it certainly wouldn’t be developed by the broligharchy.

        • Maeve@kbin.earth
          link
          fedilink
          arrow-up
          1
          ·
          1 day ago

          Can you read? That was a news article.

          Secondly, “bitch” is a misogynistic slur to refer to women.

          Thirdly, “imbecile” is an an ableist slur.

          Check your privilege.

          Edit: impressive you dug through a month’s worth of comments to protect that privilege. 🤣

          • fonix232@fedia.io
            link
            fedilink
            arrow-up
            1
            ·
            1 day ago

            A month’s worth of comments? It’s literally on your front page. No need to dig when the shit literally floats on top.

            What’s truly impressive is that you’ve been proven wrong multiple times, and instead of accepting that, you ran to moderators because your feefees were hurt. As such, I have no interest in any further pointless discussion with willfully ignorant idiots. Goodbye.