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$70 trillion inheritance boom to widen global inequality: Report
short by Ishita Ranganath / on 06 Nov 2025,Thursday
More than $70 trillion of inherited wealth will pass down the generations across the world over the next decade, widening inequality, warned a group of economists. The Nobel prize-winning economist Joseph Stiglitz said the report found inequality growing in more than eight in 10 of the world's countries. Further, 83% of all countries meet World Bank's definition of high inequality.
short by Ishita Ranganath / 06:50 pm on 06 Nov
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