Midway through 2014, the Credit Suisse Research Institute noted last month, the 3.3 billion adults in the world with less than $10,000 in net worth to their names outnumbered the 35 million global adults worth over $1 million by almost 100 times. These millionaires held a combined fortune of $115.9 trillion, a total 15 times the combined wealth of the world’s poorest 3.3 billion.
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Midway through 2014, the Credit Suisse Research Institute noted last month, the 3.3 billion adults in the world with less than $10,000 in net worth to their names outnumbered the 35 million global adults worth over $1 million by almost 100 times. These millionaires held a combined fortune of $115.9 trillion, a total 15 times the combined wealth of the world’s poorest 3.3 billion.
The trickle-down effect should certainly be kicking in any time now!