It’s shocking to read the following statistics and data about those who own wealth in America: The Federal Reservereportsthat the bottom 50% of the country’s households hold only 2.3% of its household wealth. In comparison, the top 1% own a third or more of the country’s household ...
The article presents statistics concerning wealth in 2012, stating that the number of millionaires in North America dropped by 1.1 percent in 2011, while the number of people with at least one million U.S. dollars in liquid assets in the Asia-Pacific region increased by 1.6 percent to 3.37 ...
An average QoL cost of living is constructed using South African General Household Survey data (Statistics South Africa 2021) in conjunction with the life cycle described in Figure 1. This QoL is defined as what would constitute a reasonable SoL concerning basic human needs, such as subsistence,...
Private wealth management has developed significantly in recent years as a result of the growth of affluence worldwide. The number of millionaires in North America more than doubled between 2010 and 2022. A similar trend can be observed in the Asia-Pacific and Europe. The total wealth of the...
The 2023 USA Wealth Report features exclusive new private wealth research and data, providing a comprehensive review of America’s wealth sector, including trends among high-net-worth individuals, city wealth statistics, millionaire migration patterns, and a review of the key drivers of wealth. The...
Statistics Number of billionaires in Europe 2015-2018 Mexico: richest people 2024, by net worth Brazil: richest people 2024, by net worth Chile: richest people 2024, by net worth Latin America: richest people 2024, by wealth Source of the majority of annual income among wealthy Americans, 2013...
Life satisfaction was quite high in 2010 (mean = 7.64) but decreased slightly in 2014 (mean = 7.57) and increased again in 2018 (mean = 7.68). Descriptive statistics of the SII indicated that socioeconomic inequalities in mental well-being decreased from 2010 to 2014 only to increase again ...
Research by the Pew Research Center shows it is the most economically divided racial or ethnic group in America. In three and a half decades, income distribution among Asian Americans has gone from one of the most equal to the most unequal among the major racial groups in the U.S.5 ...
The point is that if we had 100% lifetime equality in earnings, but wages that rose with age and experience, then that’s the sort of income inequality we might observe in America. The actual income inequality is greater, because inequality is not just due to life-cycle effects. 2. ...
In Central and Western Africa, North Africa, and South Asia gender gaps are large—especially in poorer households. At the other extreme there are countries, mostly in Latin America, where there is no female disadvantage, and often a small female Acknowledgements I thank Jere Behrman, Jeffrey ...