48% of the World’s 1% Are Americans – Business – The Atlantic Wire

The title says it all! This is expected to be changed by Chinese topping everyone else but Americans

As CNN points out today, World Bank economist Branko Milanovic writes in his book The Haves and the Have-Nots that 29 million of the 60 million people who constitute the top 1 percent of income earners globally (or 48 percent of them) are American, based on 2005 data.

Next follow about 4 million Germans; about 3 million French, Italians, and Britons each; 2 million Canadians, Koreans, Japanese, and Brazilians each; around 1 million of Swiss, Spaniards, Australians, Dutch, Taiwanese, Chileans, and Singaporeans. There is nobody from Africa, China, India, or from East Europe or Russia (in statistically significant numbers, of course).

via 48% of the World’s 1% Are Americans – Business – The Atlantic Wire.

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