In Russia, 110 people Own 35% of Wealth

October 10th, 2013

Via: Los Angeles Times:

Global wealth levels have set records, but in Russia, the explosion in wealth has given way to the highest income inequality level, a new report showed.

In Russia, just 110 people own 35% of the country’s wealth, according to a report released Wednesday by Credit Suisse.

The country (population 139 million) has the highest wealth inequality in the world, save for a few Caribbean islands, the report said.

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