Average Wealth of the World

Average Wealth of the World

The Wealth Distribution around the world is very much uneven. Just 2% people of this world own more than 50% of the world’s Total Wealth. Well, Yes. This is true. More than half of world’s total wealth is owned by 2% people of this world.

Here is a Wealth Distribution Chart on the World Map.

The Map shows the Per Capita Wealth in US $. The red area shows the Per Capita Wealth over $ 50,000. Which is highest. Countries like USA, Australia & Europe are in red. while countries like India are poorest among the wealth.

The richest 2% of adults in the world own more than half of global household wealth according to a path-breaking study released today by UNU World Institute for Development Economics Research (UNU-WIDER).

The most comprehensive study of personal wealth ever undertaken also reports that the richest 1% of adults alone owned 40% of global assets in the year 2000, and that the richest 10% of adults accounted for 85% of the world total. In contrast, the bottom half of the world adult population owned barely 1% of global wealth.

One should be clear about What is “Wealth”?. Your Income is not your Wealth. In simple words, the wealth is something which you accumulate over the time. Wealth is the value of your assets minus the value of your liabilities. Say for Example if your Business Valuation is US $ 800,000 and your total debt/liabilities are US $ 200,000 than your Net Worth/Wealth is US $ 600,000. Wealth is calculated in the Net Worth in the United States means Assets – Liabilities.

According to studies, IQ and Wealth of Nations are sometimes correlated. However, there are few exceptions also.

Thus, the wealth is highly unevenly distributed in the world. And that’s why if you want to enter into the rich club than you should be the wealth creator. You should create and own Assets. You should create new wealth in the economy if you want to get rich and stay wealthy…