 "The share of personal wealth held by the 0.001 per cent rose from around 3.8 per cent of all wealth in 1995 to nearly 6.1 per cent in 2025.")
Inequality in wealth distribution in India remains among the highest in the world, with the richest 10 per cent cornering around 65 per cent of it and the bottom 50 per cent holding a meagre 6.4 per cent, according to the latest World Inequality Report, released on Wednesday.
The report, edited by economists Lucas Chancel, Ricardo Gómez-Carrera, Rowaida Moshrif, and Thomas Piketty, shows that the top 1 per cent of Indians hold about 40 per cent of the country’s wealth.
In income inequality, the report notes the top 10 per cent capture 58 per cent of national income while the
