The 2024 Global Wealth Report from UBS forecasts a continued increase in the number of millionaires over the next five years, with the U.K. a notable outlier. Factors in the U.K. fall include the ...

The richest 10% in the eurozone held 57.3% of total net household wealth in the final quarter of 2024. This is 2.8 percentage points higher than in the same period of 2009, when their share was 54.5%, ...

Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. With the announcement of a so-called “mansion tax” on UK homes ...

LONDON (Reuters) -Rising asset prices have widened the wealth gap between the most well off 10% of British households and the average, a think tank said on Wednesday, highlighting the country's ...

With each passing year wealth becomes concentrated in the hands of a smaller and smaller number of individuals and corporations. It is estimated that by 2030 the richest 1% in the world will possess ...

Mike Savage is affiliated with the LSE's International Inequalities Institute where he convenes a research group exploring the 'social impact of extreme wealth'. His work has been supported by various ...

Forbes contributors publish independent expert analyses and insights. Christine Ro is a journalist covering science and development. Not many wealthy people plead with their government to tax them ...

A homeless man pushes a shopping cart full of his belongings across an intersection in the Skid Row area of Los Angeles. [AP Photo/Jae C. Hong] The recently released UBS Global Wealth Report 2025 ...

Zohran Mamdani’s historic victory for the working class in the financial capital of the world is a reflection of the growing appeal of bold platforms that attack extreme inequality and oligarchy and ...

Global income and wealth inequality have been a prime reason why the world suffers from economic crises each year. Income inequality has been a dark reality of the world for ages, initially created ...