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A Royal Canadian Mint employee holds freshly pressed Canadian one dollar coins, also know as loonies, in Winnipeg November 14, 2007. Picture taken November 14. REUTERS/Fred Greenslade (CANADA) - RTXPWN
Reuters/Fred Greenslade
Chump change.
FOLLOW THE MONEY

The richest of the rich live in these 25 countries

By Zach Wener-Fligner

Of the world’s population of more than 7 billion, around 200,000 people—or, 0.003%—have a net worth of more than $30 million. These super-wealthy individuals (UHNWs, as the research firm Wealth-X deems them, for ultra high net worth) control a handy $29.7 trillion, according to an analysis of Wealth-X data charted by CNN.

UHNWs make the 1% look like paupers. And there are far more of them in some places than others. The United States, for example, has more than three times as many ultra-wealthy folks as any other country. Here’s the complete list of countries with more than 1,000 people with a net worth of at least $30 million.

In the US, at least, as Derek Thompson has written at The Atlantic, the richest 1% of the 1% are increasing their wealth faster than anyone else. The main reason is capital gains: From 1992 to 2007, the average salary of the country’s top 400 earners (as measured by US tax returns) doubled, while their capital gains increased a stupefying 1,300%.

Meanwhile, among the middle class, wages haven’t budged in 25 years.