Germany 2019: Rich are getting richer
No wonder ??
According to the latest monthly report of the German Federal Bank, the imbalances in the distribution of wealth in Germany have risen again:
- the richest ten percent of German households own 55 percent of total net wealth,
- with 40 percent of households holding 42 percent of total net wealth.
- the 50 percent of households with less money own only three percent of total net wealth.
The full report from Bundebank as well a corresponding article on the subject can be found here: