1083 - Statistics World 🌎 :verified:: "Since 2020, 63% of all new wea…" - Mastodon
Since 2020, 63% of all new wealth went to the world's wealthiest 1%, according to an Oxfam report. An individual would need to earn an average of $401,622 per year in order to join the top 1%, and a household would need an income of $570,00. There are 2640 billionaires in the world with a cumulative wealth valued at $12.5 trillion.