A Special Feature Report by IMGW News
We are bringing a synopsis of Mobility of the Wealthy and Talent: A Global Perspective to IMGW News readers, confident that it will be highly interesting and relevant to their business. This paper, authored by Andrés Solimano, FIMC, Chairperson of the Investment Migration Council and expert in international economics, wealth distribution, migration, and inequality, was presented at the Workshop on The International Mobility of the Wealthy and Talent at Fudan Institute, Shanghai, on 28-29 September 2024. This article synthesises the paper’s key insights on the global migration of wealth and talent.
“The wealthiest 1% now hold 45-50% of the world’s total personal wealth, while approximately 40% of adults possess less than $10,000 in assets, controlling only 0.5% of global wealth. This extreme inequality has socio-political implications, including instability and insecurity.”
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