1% of the world’s people own 45% of the world’s wealth, and less than 10% own 84% of the wealth. At the other end of the spectrum, 64% of the world’s people own only 2% of the world’s wealth.[lv] A 2019 Oxfam report makes an even more dramatic claim: the world’s 26 richest people own as much as the poorest 50% of the global population.
