Topic summary
Wealth distribution
Extracted from the Wikipedia article Distribution of wealth.
Wealth distribution pyramid
In 2013, prepared a wealth pyramidinfographic (shown right). Personal assets were calculated in net worth, meaning wealth would be negated by having any mortgages. It has a large base of low wealth holders, alongside upper tiers occupied by progressively fewer people. In 2013, Credit Suisse estimated that 3.2 billion individuals – more than two-thirds of adults worldwide – had wealth below US$10,000. A further one billion (adult population) fall within the 10,000 – US$100,000 range. While the average wealth holding is modest in the base and middle segments of the pyramid, their total wealth amounts to US$40 trillion, underscoring the potential for novel consumer products and innovative financial services targeted at this often-neglected segment.