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The 1% Now Owns Half Of All The Wealth In The Entire World

While wages stagnate, stock prices rise and the rich get richer.

If you’re lucky enough to be a member of the global 1%, last year was another good year to be alive (every year is pretty great, though). Your wealth bracket increased its share of global riches so that it holds just over half of global wealth, according to a new report from Credit Suisse.

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