Blackstone-Backed Liftoff Postpones IPO on Software Rout
The richest 10% now receive 53% of global income and own 75% of all wealth, yet inequality alone does not cause unrest. A study of 120 countries (1996–2020) shows it becomes politically destabilizing only when internet use exceeds 50% of the population by increasing information and coordination.
Just 0.001% hold 3 times the wealth of poorest half of humanity, report finds