The U.S. is nearly the most wealth-unequal country in the entire world.

May 9, 2015

The U.S. is nearly the most wealth-unequal country in the entire world. Out of 141 countries, the U.S. has the 4th-highest degree of wealth inequality in the world, trailing only Russia, Ukraine, and Lebanon. Yet the financial industry keeps creating new wealth for its millionaires. According to the authors of the Global Wealth Report, the world's wealth has doubled in ten years, from $113 trillion to $223 trillion, and is expected to reach $330 trillion by 2017.

 

Source: Paul Buchheit, "Five Ugly Extremes of Inequality in America", Alternet, March 24, 2013. http://www.alternet.org/economy/five-ugly-extremes-inequality-america-co... [verified 4/17/14]

Please reload