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In South America, the richest 20% of the population typically control a significant portion of the region's wealth. On average, the wealthiest 20% in many South American countries control between 50% to 70% of the total wealth, though this can vary from country to country.
For example:
In Brazil, the top 20% control about 65% of the wealth.
In Argentina, it's around 60%.
In Chile, the figure is also approximately 65%.
These numbers reflect the high levels of income inequality in the region, where wealth is heavily concentrated among the richest segments of society. The exact percentage can fluctuate based on economic conditions, policies, and social factors within each country.
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Who is the richest person in the world at the moment?
The richest person in the world at the moment is called Carlos Slim Helu. He is worth $83 Billion and he made his wealth by investing in telecommunications.
Who is the most rich person in the Philippines?
Henry Sy is the most richest person of Philippines. He has$4 billion of wealth.
What is used by the government of Latin America to spread family wealth?
To answer this you have to be a socialist.
Although they made up 5 percent of the population in the early 1900s which class controlled 30-40 percent of the wealth?
The middle class (or bourgiousi)
What is the term for a classless society where control of wealth and property belongs to the state?
communism?
The richest 20 percent of the South American population control what percent of the realm's wealth?
The richest 20 percent of the South American population control around 60-70 percent of the region's wealth.
What percentage of the total available wealth did the richest 20 percent of people in the US own in 2002?
In 2002, the richest 20 percent of people in the US owned about 84 percent of the total available wealth. This high level of wealth concentration is indicative of significant income inequality in the country.
What continent is the second richest?
North America is often considered the second richest continent in terms of wealth and economic development, with countries like the United States and Canada being major contributors to its wealth.
The richest 20 percent of the South American population control of the realm's wealth?
The wealthiest 20 percent of South Americans possess the majority of the region's wealth, leaving the remaining 80 percent with a disproportionately smaller share of resources. This economic disparity can contribute to social inequalities and hinder overall development and progress in the region. Addressing this wealth gap is crucial for fostering more equitable and sustainable growth.
What percent of US wealth do the rich 1 percent control?
The top 1% of the wealthiest Americans control about 40% of the country's wealth. This disparity in wealth distribution has been a topic of debate, especially in discussions about income inequality and economic opportunities.
Who is the richest kid?
Children as a rule do not retain wealth. Whether it be in the control of a trust, an estate, their parents, or some other means, until they reach the age of majority, there isn't technically a richest kid.
Who were the richest men in British North America?
Peter Manigault of South Caro- lina, his wealth estimated at. $3000000 in today's value
Who was the richest man in British North America by 1750?
Peter Manigault of South Caro- lina, his wealth estimated at. $3000000 in today's value
Who is the richest British person?
The richest person in Britain is Lakshmi Mitta a British Indian who has £27,700m in wealth, the wealth is from owning all steel companies
What is the richest continent in the world?
The Richest Continent in the world as from 2008 - Present is Europe as this surpassed North America (USA, Canada) in as it made about 4 - 5 trillion more dollors and this is increasing year on year, But the richest continent in natural resources is Africa.
Richest person in China?
the richest is Zhang Yin with a wealth equal to 3.4 billion U.S dollars
The richest in Russia?
Russia's richest man is Oleg Deripaska with a total wealth of $26.6 billion dollars.
