I was reading an article from 2015 stating that 1% of the world has half of the world wealth. They have several figures such as the world's billionaries have around 7 trillions dollars or the global world wealth pyramid which shows a percent of population by percent of the total wealth etc. but I can't see anywhere a figure of the total wealth of the world. Which is it?


1 Answer 1


Your article probably resulted from an Oxfam campaign

If you believe table 2 of a January 2015 Oxfam report then about $\$250$ trillion. The campaign spliced together some information from Forbes on the richest $x$ individuals and a series of Credit Suisse reports - see the bottom of page 94

The analysis has faced criticism: it concentrates on individual assets and liabilities, e.g. a US doctor whose student debt exceeds personal financial assets counts as poorer than a subsistence farmer in Africa, and uses a very large amount of estimation, so other reasonable calculations could be very different

  • $\begingroup$ it doesnt seem much, do you know if there's another source which says differently? $\endgroup$
    – Pablo
    Aug 2, 2016 at 20:44
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    $\begingroup$ @Pablo Savills estimated that real estate was worth $\$217$ trillion - three quarters of it residential - and this was $60\%$ of the global mainstream asset universe of $\$372$ trillion. So $\$122$ trillion different but a similar order of magnitude to the Oxfam/Credit Suisse number. Even if you managed to come up with an average of $\$100,000$ per person you would not get above $\$740$ trillion, and remember there are a lot of children and poor adults in the world $\endgroup$
    – Henry
    Aug 2, 2016 at 21:18

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