Global Wealth Inequality Reaches Record Levels While Slovakia Remains Exception, New Study Finds

A new study by economist Thomas Piketty's research team reveals that global wealth inequality has reached extreme levels, with approximately 56,000 people worldwide owning an average of one billion euros each. The top 10 percent of the global population now earns more than the remaining 90 percent combined, highlighting a growing concentration of wealth among a narrow elite. Despite this global trend, Slovakia stands out as an exception with relatively low levels of economic inequality. The research warns that such high inequality undermines public trust, weakens Western democracies, and fuels social discontent as global wealth continues to rise but remains inaccessible to most of the world's population.