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Pioneering study shows richest 2 percent own half world wealth

12-05-2006 · EurekAlert!

The richest 2 percent of adults in the world own more than half of global household wealth according to a path-breaking study by the Helsinki-based World Institute for Development Economics Research of the United Nations University (UNU-WIDER). "World Distribution of Household Wealth," is the first study of its kind to cover all countries in the world and all major components of household wealth, including financial assets and debts, land, buildings and other tangible property.

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