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General News 12/5/2006 at 9:17 PM EST

Richest 2% own 'half the wealth'

Quicklink Submitted By John Rogue 1 comment

The richest 2% of adults in the world own more than half of all household wealth, according to a new study by a United Nations research institute. The report, from the World Institute for Development Economics Research at the UN University, says that the poorer half of the world's population own barely 1% of global wealth.

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At news.bbc.co.uk

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John Rogue is a concerned citizen. He is a lifelong Democrat.

Related Topic(s): Economy-Economics- World; Poverty; UN United Nations; Wealth Wealthy; World Issues, Add Tags

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