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Is it true that the top two percent (richest) of the world’s population have much more wealth than the remaining 98%

It is true that the top 2% richest people in the world have more wealth than the rest of the world, although the exact percentage of the world’s wealth that they hold may vary depending on the source of the data.

Global Wealth Report suggests that the top 1% of the world’s population holds 45% of global wealth, while the top 2% holds 73% of global wealth. This means that the remaining 98% of the population holds only 27% of global wealth.

Similarly, according to the World Inequality Database, the top 1% of the world’s population holds approximately 45% of global wealth, while the top 10% holds approximately 85% of global wealth. This means that the bottom 90% of the population holds only 15% of global wealth.



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