# The Distribution of Wealth Imagine that the total population of a country is divided into five empty buckets with 20% of the population in each – they.

## Presentation on theme: "The Distribution of Wealth Imagine that the total population of a country is divided into five empty buckets with 20% of the population in each – they."— Presentation transcript:

The Distribution of Wealth Imagine that the total population of a country is divided into five empty buckets with 20% of the population in each – they are allocated according to their wealth How much wealth (as a %) do you think is concentrated in each of those buckets? Name:

The Distribution of Income Imagine that the total population of a country is divided into five empty buckets with 20% of the population in each – they are allocated according to their income How much income (as a %) do you think is concentrated in each of those buckets? Name:

UK Wealth Data for 2010 Total Wealth Distribution in the UK Data is for 2010 Great Britain £ Million DecileTotal wealth Total Wealth per Quintile% Share of each quintile Poorest 10% 7,592 2nd 62,40269,9940.7 3rd 165,349 4th 321,569486,9184.7 5th 490,333 6th 682,5641,172,89711.4 7th 925,369 8th 1,275,7762,201,14521.3 9th 1,898,628 Richest 10% 4,499,9316,398,55961.9 Total Wealth £m 10,329,513 Source: Wealth and Assets Survey, Office for National Statistics

Background on wealth in the UK In 2008/10, aggregate total wealth (including private pension wealth but excluding state pension wealth) of all private households in Great Britain was £10.3 trillion The wealthiest 10 per cent of households were 4.3 times wealthier than the bottom 50 per cent of households combined The wealthiest 20 per cent of households owned 62 per cent of total aggregate household wealth Private pension wealth makes the largest contribution to total wealth for the wealthiest 30 per cent of households

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