The top ten percent of the world's wealthy have 60 to 80 percent of the world's wealth

New Delhi: The top 10 per cent of the world's wealth is 60 to 80 per cent of the world's wealth. While the poor have less than five per cent wealth. While one per cent of the world's billionaires have seen a 38 per cent increase in their wealth since the mid-nineties. In 2021, the wealth of the world's billionaires accounted for 3.5 percent of the global family wealth.

This will be stated in the Global Inequality Report to be published by Harvard University on December 7.

Wealth of global billionaires accounted for 3.5% of total global household wealth in 2021. Thus, the share of the richest 0.01% of the world's richest people has increased from 7% in 1997 to 11% in 2021.

The report suggests that billionaires are being subjected to various types of property taxes. These include the wealth tax levied at the progressive rate and the tax levied on the value of total assets.

Property worth more than લાખ 1 million is subject to one percent tax. About three per cent of global billionaires could make up 1.6 per cent of total global revenue. The report suggests that the minimum corporate tax of 15 per cent is extremely low. It generates 83 83.3 billion for the EU, 57 57 billion for the United States, 1 6.1 billion for China and લાખ 5 million for India. We have suggested imposing a global wealth tax on billionaires. The tax will be levied on those with assets of more than અ 10 billion or euros, said Lucas Chancel, director of the World Inequality Lab.

New Delhi: The top 10 per cent of the world's wealth is 60 to 80 per cent of the world's wealth. While the poor have less than five per cent wealth. While one per cent of the world's billionaires have seen a 38 per cent increase in their wealth since the mid-nineties. In 2021, the wealth of the world's billionaires accounted for 3.5 percent of the global family wealth.

This will be stated in the Global Inequality Report to be published by Harvard University on December 7.

Wealth of global billionaires accounted for 3.5% of total global household wealth in 2021. Thus, the share of the richest 0.01% of the world's richest people has increased from 7% in 1997 to 11% in 2021.

The report suggests that billionaires are being subjected to various types of property taxes. These include the wealth tax levied at the progressive rate and the tax levied on the value of total assets.

Property worth more than લાખ 1 million is subject to one percent tax. About three per cent of global billionaires could make up 1.6 per cent of total global revenue. The report suggests that the minimum corporate tax of 15 per cent is extremely low. It generates 83 83.3 billion for the EU, 57 57 billion for the United States, 1 6.1 billion for China and લાખ 5 million for India. We have suggested imposing a global wealth tax on billionaires. The tax will be levied on those with assets of more than અ 10 billion or euros, said Lucas Chancel, director of the World Inequality Lab.