Visualizing the Pyramid of Global Wealth Distribution
In 2022, the world’s millionaires held nearly half of net household wealth.
Etienne Note: The Scam of this chart is that they didn't break it down by billionaires, which make up a small but amazingly disproportionate number and the percentage of those tied to “Government” fractional reserve banking (Rockefeller), monopolies (Fink, Schwartzman, , unnecessary military-industrial complex spending, monopolized media (Turner, Murdoch) , monopolized AMA Rockefeller medicine (Pfizer, Moderna, Baxter, Lilly, Merck) , and privatizing DARPA technologies developed on the tax-payer nickel (Musk). Please let me know if there is anyone in our audience who would like to do the math and break it down by Billionaires?
Who controls global wealth?
In 2022, the world’s millionaires held nearly half of net household wealth. Decades of low interest rates led equities and real estate values to soar, and these assets are disproportionately held among the world’s wealthiest.
While a steep rise in interest rates decreased these fortunes in 2022, the share of wealth controlled by the global millionaire population remains substantial.
The above graphic shows the distribution of global household wealth, based on the annual 2023 UBS Global Wealth Report.
The Distribution of Global Wealth
Worldwide net private wealth stood at $454.4 trillion in 2022.
Here’s how it was distributed across various levels of net worth, which takes a person’s financial and real assets such as housing, and subtracts their debt:
The highest wealth rung controls $208.3 trillion in wealth, or 45.8% of the global total. Just 1.1% of the world adult population fall in this bracket.
Those with $100,000 to $1 million have the next greatest share, at 39.4% of net household wealth.
We can see that wealth ownership begins to decline dramatically in the next bracket. People with $10,000 to $100,000 control just 13.6% of global wealth. However, the number of people in the global middle class have more than doubled over the last two decades, driven by the rapid expansion of China.
Interestingly, the lowest segment of wealth has shrunk considerably since 2000. Between 2000 and 2022, it fell from 80.7% to 52.5% of the global population, and is projected to keep decreasing. Despite this, the total share of wealth controlled by this rung is just 1.2% of the global total.
Future Outlook
By 2027, global wealth is estimated to reach $629 trillion. Here’s the forecast for how wealth distribution is set to evolve:
As the above table shows, double-digit growth in the millionaire population is projected for many markets, with China, Brazil, and the UK forecast to see the fastest growth by 2027.
Overall, total global wealth is forecast to increase 6.7% annually on average by 2027 factoring in current global inflation forecasts and GDP projections.
Campamento Tortuguero Playa Hermosa is a turtle sanctuary on Bonfil Beach outside of Acapulco that rescues sea turtle eggs that would be likely destroyed by vehicles on the beaches or pilfered by tourists. The sanctuary protects the eggs, hatches them and releases the babies into the ocean while protecting them from seagulls and other winged predators.
The 35-year-old sanctuary is run by the mother/daughter duo of Monica and Michel Vallarino, who have helped educate the community and the tourists on the ecology of the turtles while simultaneously providing a refuge for puppies, kittens, ducks, rabbits, and other wayward animals.
The Art of Liberty Foundation hosted an annual fundraiser from 2018-2020 called the Art of Liberty on the Beach (aKa The Turtle Party), where many of the leading artists in the liberty movement have rocked the sanctuary including Grant "Prezence" Ellman, Truniversal/Free Willow, Alais Clay, the Freenauts, DJ Koala, DJ Ramiro Romani and ELA-mental among others.
The sanctuary was devasted by Hurricane Otis, a category five hurricane that hit Acapulco and Bonfil Beach on November 2nd 2023.
25% of Funds Raised Will Benefit Other Residents of Bonfil Beach
The Art of Liberty Foundation is organizing a fundraiser where 100% of the proceeds will go to direct relief. The Vallarinos have agreed to share 25% of the proceeds with other Bonfil Beach residents in need to be distributed at their discretion.
1 new billionaire minted per day during covid lock-down. RFK Jr.: This Is Why I'm Suing Elizabeth Warren And Amazon
https://www.youtube.com/watch?v=vt83KHSwGVA
I am no expert, however, from what I have read about the City of London family dynasties I would bet that that top tier of 1% is gobbled up by the few dozens of trillionaires and multibillionaires. I think it would make you question the bottom 99% ownership share. Makes me feel sorry for the merely millionaires. These supper rich trillionaires and mega billionaires are very out of the picture for most of us. We just don't see them. "The invisible hand." That is the way they want it of course. Otherwise OUTRAGE!