Global Inequality Reaches Alarming Levels, Warns World Inequality Report 2026
A newly released World Inequality Report 2026 reveals a stark and growing chasm, showing the wealthiest 10 percent of the global population now controls three-quarters of all personal wealth. This extreme concentration of resources leaves the poorest half with less than 10 percent of total income, contributing to stagnating living standards and posing significant challenges to global stability, particularly in nations like South Africa where the bottom 50 percent holds negative wealth.