6.12.06

Richest tenth own 85% of world's assets - World - Times Online

Richest tenth own 85% of world's assets - World - Times Online: "Where the wealth is

The richest 2 per cent of adults own more than half the world’s wealth, according to the most comprehensive study of personal assets.

Among the largest economies, Britain boasted the third-highest average wealth of $126,832 (�64,172) per adult, after the United States and Japan, a United Nations development research institute found.

Those with assets of $500,000 could consider themselves to be among the richest 1 per cent in the world. Those with net assets of $2,200 per adult were in the top half of the wealth distribution. "

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