Where the world’s richest 1% are gaining wealth the fastest


Source: freemalaysiatoday.com freemalaysiatoday.com

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Where the world’s richest 1% are gaining wealth the fastest By - June 22, 2021 11:47 PM ZURICH: The share of the wealth held by the richest 1% in nations including the US, China, Brazil and India jumped in the fallout from the pandemic, fuelled by efforts to curb the effects of the virus, according to Credit Suisse Group AG. Brazil’s rich boosted their share by 2.7% last year to make up almost 50% of the nation’s wealth, the most of 10 countries cited in the Swiss bank’s Global Wealth Report released Tuesday. The richest 1% in eight of the...