Inequality: Difference between revisions

'''The image above divides the world's ~9bn people up into four quarters based on owned wealth. The poorest are to the left and as you move right they become richer.'''  

The big blue human on the left represents the poorest which encompasses 68.7% of people<ref>''United Nations Department of Department of Economic and Social Affairs:World Population Prospects published in 2019, accessed via this [https://population.un.org/wpp/ link] on 10th February 2022..''</ref> and shows that they have less than $10,000. Let that sink in for a moment, the majority of the people on this planet live on less than 3% of its wealth (in red above). The next, blue person, represents the next quarter if people on the earth. This section owns $10,000-$100,000 in wealth which is around 23% of the population on earth. If you combine the largest and second largest blue people together you can see that 7.5 billion people i.e. 91.6% of people earn less than $100,000. What's very revealing is that around 8.4% of the world's wealth, 41% belongs to the rest of the lucky 0.5 billion or 500 million people on earth.