A new report from the World Inequality Lab reveals the wealthiest 0.001% of the global population, approximately 56,000 individuals, now control three times the wealth of the poorest 2.8 billion adults.Co-directed by economists
Thomas Piketty,
Lucas Chancel,
Ricardo Gomez-Carrera, and
Rowaida Moshrif, the findings detail how this significant wealth gap has widened drastically, with the ultra-rich's assets growing faster than those of the bottom half.