Did you know EU countries hold only 16.6% of the world’s personal wealth? In Europe, this rises to 22.3% when four more countries are included. The US holds more than a third, and China about a fifth.

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. The world’s 3,000 billionaires should pay a minimum 2 percent tax on their ...

Despite slowing economies in parts of Europe and Asia, global household wealth surged again in 2024, hitting a record €269 trillion (U$312.6 trillion). The new Allianz Global Wealth Report 2025 ...

The last decade has been very lucrative for the world’s super-rich residents, fueling the drive by some advocates to tax them more. The top 1% has seen its wealth soar by $42 trillion over the past ...

Over the last decade, calls to tax the rich have grown louder around the world — but the needle hasn't exactly moved. Billionaires are still amassing huge amounts of money each year and they're paying ...

ZURICH, Aug 15 (Reuters) - Global wealth, as measured in personal holdings of assets from real estate to stocks and shares, is projected to rise 38% by 2027, driven largely by emerging markets, a ...

Billionaires worldwide should have to pay a 2% wealth tax, the EU Tax Observatory says. Its researchers estimated that this would raise close to $250 billion annually. "Glaring tax disparity ...

ARLINGTON, Va., Nov. 27, 2023 (GLOBE NEWSWIRE) -- Sovereign wealth funds now make up a record share of assets among the largest 100 global asset owners, according to new research by leading global ...

At the G20 Summit in Johannesburg, President Ramaphosa denounced global wealth disparities as "unjust and unsustainable," ...

Global wealth shrank last year for the first time since 2008, a new UBS study showed. That's thanks to a trifecta of inflation, rising interest rates, and currency depreciation against the US dollar.