The Rich Get Richer: Top 1% Control $52.8 Trillion or 39% of World’s Wealth

The wealthiest (1%) one percent now control 39 percent of the world’s wealth, and their share is likely to grow in the coming years, according to a new report.

The world’s total private wealth grew 7.8 percent last year to $135 trillion, according to the Boston Consulting Group’s Global Wealth report. The top 1 percent control $52.8 trillion, and those worth $5 million or more control nearly a quarter of the world’s wealth .... http://www.cnbc.com