Special Report

Countries Where the 1% Control the Most Wealth

Methodology:

To find the 50 countries with the richest rich people, 24/7 Wall St. reviewed the World Inequality Database’s 2022 World Inequality Report, ranking countries by the highest percentage of wealth controlled by the top 1% of their earners.  All 174 countries in the report are included. Data is as of 2021.

Data on how much wealth the top 10%, mid 40%, and bottom 50% control, as well as average income is also drawn from the report. Average national income is defined in the report as “the sum of all pretax personal income flows accruing to the owners of the production factors, labor and capital, including social insurance benefits (and removing corresponding contributions), but excluding other forms of redistribution (income tax, social assistance benefits, etc.).” The report uses purchasing power parity for inequality estimates. Estimates correct for inflation using the national income deflator (base 2021). The population whose income is recorded comprises individuals over age 20.

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