Zero Hedge: This Simple Chart Reveals The Distribution Of Global Wealth
The pandemic resulted in global wealth taking a significant dip in the first part of 2020. By the end of March, global household wealth had already declined by around 4.4%.
However, as Visual Capitalist's Anshool Deshmukh details below, after much monetary and fiscal stimulus from governments around the world, global household wealth was more than able to recover, finishing up the year at $418.3 trillion, a 7.4% gain from the previous year.
Using data from Credit Suisse, this graphic looks at how global wealth is distributed among the adult population.
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WNU Editor: Latin America's wealth has been battered by the pandemic. Butaccording to the above every part of the world should enjoy growth in the coming 4 years, including those at the bottom..
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and, in other vaults: zillions in offshore accounts As revealed in Panama and Pandora papers
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