The UK
To get into the richest 1% in Britain, the bank Credit Suisse calculates that you require a minimum wealth of £2.2m. More than 650,000 people qualify, and between them they are worth approximately £2.8tn. According to Oxfam, the richest 1% of Britons are richer than the bottom 70%.
France
Forbes calculates that French people with a monthly after-tax revenue of €7,180 are in the top 1% of the income scale. The average French take-home pay is €2,340 per month, so to be in the top 1% of the wealth scale, they require a total worth of €2m.
Switzerland
The richest 10% in Switzerland hold 63% of the capital. The poorest half of the population only owns 4% of the nation’s wealth. The country of nine million inhabitants has 800,000 millionaires.
Russia
The richest 10% owns 74% of the nation’s wealth, up from 53% in 1995. A Boston Consulting Group report found that 500 super-rich Russians – 0.001% – are richer than the poorest 99.8% of the population combined. The Russian super-wealthy control a larger slice of the country’s GDP than in any other rich nation.
Slovakia
In terms of income distribution, Slovakia is the most equal country in Europe. According to the OECD, the nation’s middle class is the best off in the world. Analysis by Slovakian newspapers shows that the nation’s lower 60% owns 25% of the nation’s wealth. By contrast, the equivalent group in the US owns only 2.4%.
Monaco
The most exclusive top 1% in Europe – and also the world. To qualify, you need a net worth of $7.9m. In contrast, to join the top 1% in Singapore, Asia’s richest group, you “only” need $2.9m.
Ireland
To get into the top 1% in Ireland you need $2.6m. Ireland’s super-rich are getting richer. According to Oxfam Ireland, between 2012 and 2022, the number of Irish people worth over $50m has doubled.
