Of the world’s population of more than 7 billion, around 200,000
people—or 0.003 percent—have a net worth of more than $30 million.
These super-wealthy individuals (UHNWs, as the research firm Wealth-X deems them, for "ultra-high net worth") control a handy $29.7 trillion, according to an analysis of Wealth-X data charted by CNN.
UHNWs make the 1 percent look like paupers. And there are far more of them in some places than others. The United States, for example, has more than three times as many ultra-wealthy folks as any other country. Here’s the complete list of countries with more than 1,000 people with a net worth of at least $30 million.
Read more: Where the Billionaires Are - The Atlantic
These super-wealthy individuals (UHNWs, as the research firm Wealth-X deems them, for "ultra-high net worth") control a handy $29.7 trillion, according to an analysis of Wealth-X data charted by CNN.
UHNWs make the 1 percent look like paupers. And there are far more of them in some places than others. The United States, for example, has more than three times as many ultra-wealthy folks as any other country. Here’s the complete list of countries with more than 1,000 people with a net worth of at least $30 million.
In the U.S. the richest 1 percent of the 1 percent are increasing
their wealth faster than anyone else. The main reason is capital gains:
From 1992 to 2007, the average salary of the country’s top 400 earners
(as measured by U.S. tax returns) doubled, while their capital gains
increased a stupefying 1,300 percent.
Meanwhile, among the middle class, wages haven’t budged in 25 years.
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