Richest 1% control 39% of world's wealth and growing

http://www.nbcnews.com/business/richest-1-control-39-worlds-wealth-growing-6C10141007

Robert Frank CNBC
May 31, 2013

The wealthiest 1 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.

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