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So glad to release the World #InequalityReport 2022 today! It's been quite an adventure working on it, in the midst of a pandemics. The report comes with a wealth of data & its own website: wir2022.wid.world -check it out! If you're in a rush, here's what you need to know⬇️
A word on the pandemics: it has exacerbated global inequalities at the top and the bottom. Billionaires’ wealth rose by more than €3.6 trillion during the pandemics while more than 100 million people are in extreme poverty because of the crisis.
In 2021, we find that the global top 10% captures 52% of global income, while the poorest half captures only 8.5% of the total. Wealth is much more concentrated than income: the top 10% captures 76% of all wealth and the global bottom 50%, just 2% of it (see the video).
