Many people in South Africa, Nigeria and Kenya are concerned about their countries’ political and economic systems. Yet, there is considerable optimism about the future.
Income inequality will be a key topic of discussion for economic leaders meeting in Davos. Pew Research Center surveys also have shown that income inequality is a global cause for concern.
People with a net worth of more than $1 million represent just 0.7% of the global population, but they have 41% of the world’s wealth. Meanwhile, those with a net worth of less than $10,000 represent 69% of the population, but just 3% of global wealth.