CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Global Wealth Report recorded more members of the global top 10% than the United States?
A
China
B
India
C
Australia
D
Saudi Arabia
Explanation: 

Detailed explanation-1: -People with the top 1% of net worth (opens in new tab) in the U.S. in 2022 had $10,815,000 in net worth. The top 2% had a net worth of $2,472,000. The top 5% had $1,030,000. The top 10% had $854,900.

Detailed explanation-2: -Broken down even more, the top 1% now holds about a third of all wealth - up from a little less than a quarter in 1989.

Detailed explanation-3: -top 10% of adults hold 85%, while the bottom 90% hold the remaining 15% of the world’s total wealth, top 30% of adults hold 97% of the total wealth.

Detailed explanation-4: -Ultra high net worth individuals: population of global 1 percent 2021, by country. Over 22 million individuals residing in the United States belonged to the global top one percent of ultra high net worth individuals worldwide in 2021.

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