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the global pandemic Undead almost a decade's worth of improvement in reducing Global extreme poverty levels and that was a reversal of the most productive decade ever for reducing Global poverty so this was a big blow at the same time as this side of the global wealth Spectrum was taking a huge step backwards the world's richest people got even richer 47.8 of the world's wealth is now in the hands of just 1.2 percent of people who are around 62.5 million adults with a net worth of over 1 million US Dollars unfortunately 2.8 billion adults more than half of the global adult population have a net worth of less than ten thousand dollars economists always want to stress that inequality is a complicated subject and our modern globalized value-adding economy is not a zero-sum game a small group of people with a lot of assets does not necessarily come at the expense of everybody else in some cases this concentration of wealth can even improve other people's living standards as it can be inves

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