Tag: Global Wealth

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Exploring the Financial Wealth of the Top 1 Percent World

Post Author By Benjamin Gentry
Post Date August 21, 2023

5 min read

The top 1 percent of the world’s income earners control an ever-increasing share of total global wealth. According to recent research conducted by the World Inequality Database, the top 1 percent of earners globally now hold over 27% of total global income, a growth of over 10% from 2002. This trend is likely to continue as larger investments, market sentiment, and regulations create an environment where high net worth individuals can increase their capital faster than the majority of the population. One driving factor of this trend is the rise of Foreign Exchange (Forex) trading, wherein individuals can leverage their investments at a higher rate than traditional financial instruments. As more people take advantage of this risk-reward structure, higher earners are able to acquire and retain a growing share of the global pie.