sovereignman.com / Simon Black / November 14, 2017
Every year the Swiss banking giant Credit Suisse publishes a detailed report about Global Wealth.
And while drawing conclusions about ‘wealth’ (i.e. ‘net worth’) for the world’s 7.6 billion people is far from an exact science, the report routinely offers some interesting insights and trends.
This year’s report was just released this morning.
As an interesting finding, researchers noted that at the early part of this millennium, between 2000 and 2008, the wealth of the POOREST 50% of people in the world actually climbed at a HIGHER rate than everyone else.
And over that same period, the share of global wealth owned by the top 1% actually declined.