Today, the richest 1 percent own half the world’s wealth. Even more alarmingly, the richest one hundred people together own more than the poorest four billion.

Reports show that the combined Gross Domestic Product of forty-eight countries is less than the wealth of the three richest people in the world. Fifteen billionaires have assets greater than the total national income of Africa, south of the Sahara. Thirty-two people own more than the annual income of everyone who lives in South Asia. Eighty-four rich people have holdings greater than the GDP of China, a nation with 1.2 billion citizens.

In the year 1984 Forbes magazine, a leading periodical for high finance and big business, drew up a list of the wealthiest individuals in the United States. The top 400 people had assets totaling $60 billion. At the bottom of the population there were 60 million people who had no assets at all. Around the same time, the economist Lester Thurow estimated that 482 very wealthy individuals controlled (without necessarily owning) over $2,000 billion ($2 trillion). Consider the influence of such a very rich class-with its inevitable control of press, radio, television, and education-on the thinking of the nation.

Forbes in 2016 announced that just 62 ultra-rich individuals have as much wealth as the bottom half of humanity.[231] Five years before, it took 388 rich guys to achieve that status.

Almost 1/2 the world’s wealth ($110 trillion) is owned by just 1% of ts population

The rich individuals are increasingly hoarding everything. If the billionaires want to go to space, they could at least leave their money on Earth to solve the critical Earthbound problems. We now have an estimated 2,775 billionaires with a combined net worth of around $13.1 trillion. I have it on good authority that you don’t need more than $1 billion to live comfortably. Even if every billionaire kept $1 billion, that would leave around $10 trillion for ending hunger, poverty, and environmental destruction. We should be taxing the vast and rapidly growing billionaire wealth to help finance a civilized world.

6 ppl hold > wealth than the bottom 50% of America. There's more wealth inequality today than any time since the gilded age. Biden accepted the most billionaire $ in the primary. They're paying him to reject MedicareForAll in a pandemic. Imagine not being mad at billionaires.

In America today, we have more wealth and income inequality than any other major country on Earth and it is worse now than at any other time since the 1920s. Unbelievably, while millions of American workers are forced to work two or three jobs to pay the bills and over half of our people live paycheck to paycheck, the three wealthiest families in our country now own more wealth than the bottom half of Americans – 160 million people.

This bears repeating: the sixty-two wealthiest people-a group that could fit on a bus-control more wealth than three and a half billion people.

It is widely believed that big business firms collectively own the preponderance of America’s wealth and are steadily expanding their share. The facts show the contrary. Corporate business owns about 28 percent of the tangible wealth of the United States, and its share has not changed much during the past fifty years. The bulk of the nation’s tangible wealth is held by the household and government sectors of the economy and is not employed in profit-seeking enterprise, corporate or noncorporate. …If the character of a society were to be designated by its major wealth-holding institution, the United States could more appropriately be described as a ‘household state’ than a ‘corporate state’.

All of these social ills come out of a small group of people... literally just a few thousand people in the United States or a few thousand families in the US owning something like 70 -80 percent of the entire wealth of the country. Three guys owning 50% of the wealth of the entire country... Wealth inequality in the US is worse than it's ever been, even worse than it was in 1929 which brought about the great crash...I think it's a mental illness... these guys have obsessive compulsive disorder, they're hoarders."

There is no justice, and I want you to hear this clearly, when the top one-tenth of 1 percent -- not 1 percent, the top one-tenth of 1 percent -- today in America owns almost as much wealth as the bottom 90 percent. And in your hearts, you will have to determine the morality of that, and the justice of that.

The net worth of the 358 richest people in the world was then found to be 'equal to the combined income of the poorest 45 per cent of the worlds population - 2.3 billion people.'

When the world’s richest 1% own as much as the poorest 50%, we have a problem.