Richest 1 per cent own half the world’s wealth, study finds

The globe’s richest 1 per cent own half the world’s wealth, according to a new report highlighting the growing gap between the super-rich and everyone else.
The world’s richest people have seen their share of the globe’s total wealth increase from 42.5 per cent at the height of the 2008 financial crisis to 50.1 per cent in 2017, or US$140 trillion, according to Credit Suisse’s global wealth report published on Tuesday.
“The share of the top 1 per cent has…