
Submission + - Richest 2% own half the world
kop writes: "The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute.
The survey is based on data for the year 2000. The authors say a more recent year would have involved more gaps in the data. As it is, many figures — especially for developing countries — have had to be estimated.
Nonetheless, the authors say it is the most comprehensive study of personal wealth ever undertaken.
http://news.bbc.co.uk/2/hi/business/6211250.stm"
The survey is based on data for the year 2000. The authors say a more recent year would have involved more gaps in the data. As it is, many figures — especially for developing countries — have had to be estimated.
Nonetheless, the authors say it is the most comprehensive study of personal wealth ever undertaken.
http://news.bbc.co.uk/2/hi/business/6211250.stm"