Graph and download economic data for Net Worth Held by the Top 0.1% (99.9th to 100th Wealth Percentiles) (WFRBLTP1246) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

In 2023, roughly 1.49 billion adults worldwide had a net worth of less than 10,000 U.S. dollars. By comparison, 58 million adults had a net worth of more than one million U.S. dollars in the same year. Wealth distribution The distribution of wealth is an indicator of economic inequality. The United Nations says that wealth includes the sum of natural, human, and physical assets. Wealth is not synonymous with income, however, because having a large income can be depleted if one has significant expenses. In 2023, nearly 1,700 billionaires had a total wealth between one to two billion U.S. dollars. Wealth worldwide China had the highest number of billionaires in 2023, with the United States following behind. That same year, New York had the most billionaires worldwide.

Graph and download economic data for Share of Net Worth Held by the Top 1% (99th to 100th Wealth Percentiles) (WFRBST01134) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

In 2022, Australia had the highest median wealth worldwide of the countries included, reaching nearly 270,000 U.S. dollars. Belgium and Hong Kong followed behind.

Between December 2019 and 2021, the top one percent of earners accumulated 63 percent of all new wealth worldwide. This is more than six times more wealth than accumulated by the bottom 90 percent over the same time period.

Global wealth distribution Newly generated wealth landing in the hands of the few is not a new story and has been the focus of international development policy for many years. Looking at a regional level, Latin America was the region with the starkest distribution of wealth. In this region, 77 percent of the wealth was held by the richest 10 percent in 2021, and only 0.5 percent held by the poorest 50 percent. At an individual level, around 2.82 billion adults worldwide had a net worth of less than 10,000 U.S. dollars in 2021.

Billionaires In 2021, the highest concentration of billionaires could be found in North America. However, China had the largest number of billionaires in its population in 2022, with most living in Beijing. Looking at wealth distribution amongst billionaires themselves, 20 people had fortunes of 50 billion U.S. dollars or more, but the majority of billionaires had a personal fortune between two and five billion U.S. dollars.

In December 2022, Elon Musk slipped from the top spot of richest people on Earth. The number one spot was taken by French magnate, Bernard Arnault of Moët Hennessy Louis Vuitton.

Graph and download economic data for Net Worth Held by the Bottom 50% (1st to 50th Wealth Percentiles) (WFRBLB50107) from Q3 1989 to Q4 2024 about net worth, wealth, percentile, Net, and USA.

Over ** million individuals residing in the United States belonged to the global top one percent of ultra-high net worth individuals worldwide in 2022. China ranked second, with over **** million top one percent wealth holders globally. France followed in third.

The highest median wealth worldwide was found in North America in 2022, reaching a median level of nearly ******* U.S. dollars. Notably, the median wealth in China grew from *** dollars in 2000 to over ****** dollars in 2022, underlining the country's remarkable economic growth over the past decades.

In 2022, the average net personal wealth among the most affluent one percent of Spanish population was 3.15 million euros. On the other side, the wealth of bottom 50 percent of the wealth holders in the country was estimated at 17,300 euros. When looking at the evolution of wealth distribution in Spain during the last decades, it can be observed, that the share of wealth held by the least affluent half of the population is now lower than it was at the beginning of the 21th century.

Germany DE: Households: Net Worth data was reported at 14,653,575.000 EUR mn in 2020. This records an increase from the previous number of 13,870,811.000 EUR mn for 2019. Germany DE: Households: Net Worth data is updated yearly, averaging 9,854,020.000 EUR mn from Dec 2005 (Median) to 2020, with 16 observations. The data reached an all-time high of 14,653,575.000 EUR mn in 2020 and a record low of 7,669,107.000 EUR mn in 2005. Germany DE: Households: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Germany – Table DE.IMF.FSI: 2006 Methodology: Sectoral Financial Statement: Balance Sheet: Annual.

Greece GR: Households: Net Worth data was reported at 158,074.150 EUR mn in Mar 2018. This records an increase from the previous number of 156,374.050 EUR mn for Dec 2017. Greece GR: Households: Net Worth data is updated quarterly, averaging 131,870.785 EUR mn from Sep 2008 (Median) to Mar 2018, with 39 observations. The data reached an all-time high of 188,942.180 EUR mn in Jun 2014 and a record low of 98,815.381 EUR mn in Sep 2011. Greece GR: Households: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Greece – Table GR.IMF.FSI: Sectoral Financial Statement: Balance Sheet: Quarterly.

Data and insights on Wealth Distribution in India - share of wealth, average wealth, HNIs, wealth inequality GINI, and comparison with global peers.

The massive wealth inequality in the world is underpinned by this chart: While just above one percent of the world's population had fortunes of more than one million U.S. dollars in 2022, more than half of the global population had a total wealth of less than 10,000 U.S. dollars.

South Korea Median: HPL: 1st TAQ: Net Worth data was reported at 9,740,000.000 KRW in 2018. This records an increase from the previous number of 8,950,000.000 KRW for 2017. South Korea Median: HPL: 1st TAQ: Net Worth data is updated yearly, averaging 9,345,000.000 KRW from Mar 2017 (Median) to 2018, with 2 observations. The data reached an all-time high of 9,740,000.000 KRW in 2018 and a record low of 8,950,000.000 KRW in 2017. South Korea Median: HPL: 1st TAQ: Net Worth data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H082: 2017 SHFLC: Household Assets, Liabilities & Income: By Assets Quintiles.

In the first quarter of 2024, almost two-thirds percent of the total wealth in the United States was owned by the top 10 percent of earners. In comparison, the lowest 50 percent of earners only owned 2.5 percent of the total wealth. Income inequality in the U.S. Despite the idea that the United States is a country where hard work and pulling yourself up by your bootstraps will inevitably lead to success, this is often not the case. In 2023, 7.4 percent of U.S. households had an annual income under 15,000 U.S. dollars. With such a small percentage of people in the United States owning such a vast majority of the country’s wealth, the gap between the rich and poor in America remains stark. The top one percent The United States follows closely behind China as the country with the most billionaires in the world. Elon Musk alone held around 219 billion U.S. dollars in 2022. Over the past 50 years, the CEO-to-worker compensation ratio has exploded, causing the gap between rich and poor to grow, with some economists theorizing that this gap is the largest it has been since right before the Great Depression.

Canada CA: Households: Net Worth data was reported at 13,609,027.000 CAD mn in 2020. This records an increase from the previous number of 12,282,617.000 CAD mn for 2019. Canada CA: Households: Net Worth data is updated yearly, averaging 8,238,787.500 CAD mn from Dec 2005 (Median) to 2020, with 16 observations. The data reached an all-time high of 13,609,027.000 CAD mn in 2020 and a record low of 5,168,570.000 CAD mn in 2005. Canada CA: Households: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Canada – Table CA.IMF.FSI: 2006 Methodology: Sectoral Financial Statement: Balance Sheet: Annual.

Korea Median: HPL: 3 Net Worth Quintile: Non-Financial Assets data was reported at 195,000,000.000 KRW in 2017. This records an increase from the previous number of 180,000,000.000 KRW for 2016. Korea Median: HPL: 3 Net Worth Quintile: Non-Financial Assets data is updated yearly, averaging 147,785,000.000 KRW from Mar 2010 (Median) to 2017, with 8 observations. The data reached an all-time high of 195,000,000.000 KRW in 2017 and a record low of 113,000,000.000 KRW in 2010. Korea Median: HPL: 3 Net Worth Quintile: Non-Financial Assets data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s Korea – Table KR.H083: SHFLC: Household Assets, Liabilities & Income By Net Worth Quintiles.

In 2023, by far the highest number of individuals with net assets of at least 30 million U.S. dollars worldwide were residing in North America, reaching over 250,000 people. Asia recorded the second highest number of UHNWIs in the world with over 165,000 individuals.A small share owns vast sums of wealthThe vast majority of global wealth is concentrated in the hands of a few people. Only one percent of the global population owns assets worth more than one million U.S. dollars. The richest people in the world are Elon Mask, Jeff Bezos, and Bernard Arnault. When it comes to women, Francoise Bettencourt Meyers led the ranking of the most affluent women worldwide. The wealth of over 70 percent of UHNWIs was self-made. Where UHNWIs live and where they leave Unsurprisingly, as North America is the world region with the highest number of UHNWIs, the United States is the country with the highest UHNWI count. However, Hong Kong, special administrative (SAR) region in China, is the city with the highest number of UHNWIs. Nevertheless, China was the country that recorded the highest outflux of UHNWIs in 2022.

Sweden SE: Households: Liabilities and Net Worth: Net Worth data was reported at 18,724,147.000 SEK mn in Sep 2018. This records a decrease from the previous number of 18,724,148.000 SEK mn for Jun 2018. Sweden SE: Households: Liabilities and Net Worth: Net Worth data is updated quarterly, averaging 17,695,857.000 SEK mn from Dec 2015 (Median) to Sep 2018, with 12 observations. The data reached an all-time high of 18,724,148.000 SEK mn in Jun 2018 and a record low of 15,675,840.000 SEK mn in Mar 2016. Sweden SE: Households: Liabilities and Net Worth: Net Worth data remains active status in CEIC and is reported by International Monetary Fund. The data is categorized under Global Database’s Sweden – Table SE.IMF.FSI: Sectoral Financial Statement: Balance Sheet: Quarterly.

South Korea Median: HPL: 5th NWQ: Net Worth data was reported at 795,800,000.000 KRW in 2018. This records an increase from the previous number of 725,420,000.000 KRW for 2017. South Korea Median: HPL: 5th NWQ: Net Worth data is updated yearly, averaging 760,610,000.000 KRW from Mar 2017 (Median) to 2018, with 2 observations. The data reached an all-time high of 795,800,000.000 KRW in 2018 and a record low of 725,420,000.000 KRW in 2017. South Korea Median: HPL: 5th NWQ: Net Worth data remains active status in CEIC and is reported by Statistics Korea. The data is categorized under Global Database’s South Korea – Table KR.H083: 2017 SHFLC: Household Assets, Liabilities & Income: By Net Worth Quintiles.