I was annoyed that no one was answering this because I was tacitly curious too. For what its worth, it was kinda difficult to find a current figure, but in 2021 it was 11% of the global wealth or $51.81 trillion. The top .1% only has about $56 trillion from what I can tell.
So even in that bracket, the ultra-super pro max wealthy own 90%+ of the top .1% of global wealth if my numbers are even remotely correct. That list would be the world’s 810,000 most wealthy individuals.
I’ve heard some actual numbers thrown about that are in the triple digits. Like if you cap the top 230 most wealthy people at a billion (or 10) US, we could build a shitton of lead free aquaducts or whatever your favorite ‘metric of the commons’ is.
Dang, nice research. I literally has no idea how to find those figures. As I expected, wealth is super concentrated at the top even amongst the 0.1%. Thanks for satisfying my curiosity.
What if you zoomed to 0.01%?
The trend reverses?
Obviously, I just wanted to know how much is the difference between 0.1% and 0.01%
I was annoyed that no one was answering this because I was tacitly curious too. For what its worth, it was kinda difficult to find a current figure, but in 2021 it was 11% of the global wealth or $51.81 trillion. The top .1% only has about $56 trillion from what I can tell.
So even in that bracket, the ultra-super pro max wealthy own 90%+ of the top .1% of global wealth if my numbers are even remotely correct. That list would be the world’s 810,000 most wealthy individuals.
I’ve heard some actual numbers thrown about that are in the triple digits. Like if you cap the top 230 most wealthy people at a billion (or 10) US, we could build a shitton of lead free aquaducts or whatever your favorite ‘metric of the commons’ is.
Dang, nice research. I literally has no idea how to find those figures. As I expected, wealth is super concentrated at the top even amongst the 0.1%. Thanks for satisfying my curiosity.
My guess is that greed approaches infinity the more you zoom.