Credit Suisse’s Global Wealth Report 2016 has just broken down which countries in the world have the most unequal distribution of wealth.
According to their research, the survey said that Russia is the country with the most unequal wealth distribution. The report states that almost three quarters of the country’s riches are held by just one percent of citizens.
India and Thailand are on par with each other. In both countries, the top one percent hold almost 60 percent of riches. In Indonesia and Brazil, the top one percent control half of the national wealth, reported The Independent.
The report goes on to state that the worldwide wealth inequality has been growing since the financial crisis of 2008 and exists almost everywhere in the world. The financial institution predicts that it will only become more unbalanced.
Other notable facts in the report are that citizens in Japan and the U.S are making the biggest strides to increase wealth while the Swiss are still the richest on average. It also noted that the UK had taken a great tumble as far as citizens’ wealth because their decision to leave the EU made the British pound crash.
