The Widening Chasm: Understanding Extreme Wealth Disparities The richest 1% of the global population now owns more than twice as much wealth as the rest of humanity combined.
This stark statistic, first reported by economist Gabriel Zucman in 2014, is a sobering reminder of the extreme wealth disparities that have come to define our world.
The chasm has grown vast over recent decades, and its implications for societies around the globe are far reaching. What Causes Extreme Wealth Disparities?