Top 1% Control 39% of World's Wealth
The kind of story that people read with different results : the 1% with pride and the rest of us ... with less pride 
If that study is true, soon what the people that do not belong to that 1% will be left with only crumbles from the table. Already next year they will be at about 50% - that is 50% of all will be owned by 1%.
With those percentages, in a couple of years 1% will own everything worth owning - then they will be able to take just from each other and we will be just simple observers
i thought it was 5% that control 95% of the wealth
and the other 95% scramble over the 5% that's left
but either way it sucks
what they can do with all this money when they already have too much is a mystery?
they certainly don't use it for any good, or bailing out bust euro zone economy's
Boat fuel maybe ?
Actual numbers are even worse. The "wealth chart" shows that those are 0.6% of world population
Kinda Interesting how the monied guys play their game up there. If you got it......then you will make more.....if you haven't got it on the other hand, brace yourself for poverty.....
Whining 1%-ers are "wrong on moral and policy grounds": Steven Rattner
The debate over income inequality has taken on a new twist in recent weeks: The 1% are mad as hell and they're not going to take it anymore.
Most notably, legendary venture capitalist Tom Perkins compared "the progressive war on the American one percent" to Nazi Germany in The WSJ. Real estate magnate Sam Zell agreed, telling Bloomberg TV “the 1% are being pummeled because it’s politically convenient to do so.”
Separately, Nicole Miller CEO Bud Konheim said on CNBC that Americans making $35,000 a year should stop complaining because they're much better off than people in India and China. "We've got a country that the poverty level is wealth in 99 percent of the rest of the world," he said. "So we're talking about woe is me, woe is us, woe is this."
But the wealthiest Americans have nothing to complain about -- and are only hurting themselves with the anti-populist rhetoric, according to Steven Rattner, a former private-equity executive whose net worth was estimated to be $188 million when he became head of President Obama's auto industry taskforce in 2009.
"These people are wrong on moral grounds and wrong on policy grounds," says Rattner, who currently oversees former NYC Mayor Michael Bloomberg's investments as chairman of Willett Advisors LLC. "On a practical level, if the people in the 1% don't recognize the 99% are hurting, they're going to end up with far more severe consequences then if they were simply willing to do something now."
Those consequences could include civil unrest and "more punative legislation," such as much higher tax rates for the wealthiest, he says.
On a moral level, the whining of the 1% is particularly appalling, Rattner continues, noting overall median incomes have fallen about 7% in the past 12 years on an inflation-adjusted basis and by 25% since 1979 for the average American without a high school diploma. "This is not what America is about," he says.
That said, Rattner calls Perkins "an extreme outlier," suggesting "there's a non-trivial group of 1%-ers who see this as not a sustainable way for a society to operate. We need to find responsible ways to fix it before it gets fixed in a non-responsible way."
Citing the need for "fundamental changes" in tax policy, education, infrastructure, investment, and training, Rattner's recommendations go beyond philanthropic efforts such as The Giving Pledge being promoted by Warren Buffett, and Bill and Melinda Gates.
I doubt this study takes into account wealth stashed in secret...( jewelry, art works, secret accounts, etc.)
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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.
That concentration is likely to increase in the coming years as the wealth of the wealthy grows faster than overall global wealth. The number of millionaires in the world surged by 10 percent year, reaching 13.8 million. The study predicts that global wealth will grow around 4.8 percent a year over the next five years—though millionaires will see their wealth grow nearly twice as fast.
Those worth $5 million or more will see their wealth grow 8 percent, while those worth more than $100 million will see their wealth grow 9.2 percent. The $100-million-plus group will see their share of global wealth grow to 6.8 percent in 2017 from the current 5.5 percent.
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