Most Unequal Distribution of Wealth (worldwide): Number 3

Income Wealth Equality
Written By Sadie Cornelius

One way of measuring inequality is through the Gini Coefficient, a statistical measurement that calculates how spread-out from one another are the wealth concentrations. Perfect equality, where 10 percent of the population have 10 percent of the wealth, is represented by the value 0.00; while the value 1.00 represents total inequality of wealth (the highest cohort has all the wealth, the rest of society has none). When comparing the United States with countries throughout the world, using the Gini Coefficient to measure wealth, it comes in as the third most unequal, just behind Brazil and the Russian Federation.

Source: James Davies, Rodrigo Lluberas, and Anthony Shorrocks, “Credit Suisse Global Wealth Databook, 2022, Credit Suisse, https://www.credit-suisse.com/about-us/en/reports-research/global-wealth-report.html.

Sadie Cornelius

Sadie K Cornelius is a proud Longhorn and graduate of the University of Texas at Austin’s Moody School of Communications with a Bachelor's in Advertising and a minor in Business.

She has more than 15 years of experience in Squarespace website and graphic design for 200+ clients all over the world.

A fourth generation business owner Sadie is passionate about helping others through creating compelling visuals and cohesive brand identities. She’s been featured in Forbes as a female-owned company, has taught several digital marketing classes at General Assembly, is a volunteer for non-profit organizations.

Sadie enjoys traveling the world, spending time with her husband, King Charles Cavalier, and families in the Carolinas. Originally from Kansas City, Sadie resides in Washington DC (but is forever an Austin girl at heart).

https://www.skc-marketing.com
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Income Equality: We’re Number 32
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Wealth Concentrated in Top 10 Percent of Households (OECD Countries): Number 1