FOR THE FIRST TIME EVER, THERE ARE MORE ULTRA-WEALTHY PEOPLE IN CHINA THAN THE US — AND AMERICA'S GROWING WEALTH GAP MAY BE PARTIALLY TO BLAME

d3sign/Getty Images In 2018, China was home to more members of the global top 10% than the United States for the first time in history, according to a new report by Credit Suisse. The global top 10% have net worths above $109,400 and own 82% of the world's wealth, Credit Suisse found. Three factors affect how many millionaires live in any given country: The size of a country's adult population, average wealth, and levels of wealth inequality...

BusinessInsider (Date:10/22/2019 16:58) Read full article >>

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China: China , officially the People's Republic of China , is a sovereign state located in East Asia. It is the world's most populous country, with a population of over 1.35billion. The PRC is a single-party state governed by the Communist Party, with its seat of government in the capital city of Beijing.[
- China Wikipedia
United States: The United States of America , commonly referred to as the United States , America, or simply the States, is a federal republic[10][11] consisting of 50 states and a federal district. The 48 contiguous states and the federal district of Washington, D.C. are in central North America between Canada an
- United States Wikipedia
Business: A business is an organization involved in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to provide service to customers for profit. Businesses may also be not-for-profit or state-owned.
Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Visit: A visit is where a person, or people, goes to either see someone or a place. It can refer to many things:
Americans: Americans, or American people, are citizens, or natives, of the United States of America.[37][38] The country is home to people of different national origins. As a result, Americans do not equate their nationality with ethnicity, but with citizenship.[39] With the exception of the Native American po
Insider: An insider is a member of any group of people of limited number and generally restricted access. The term is used in the context of secret, privileged, hidden or otherwise esoteric information or knowledge: an insider is a "member of the gang" and as such knows things only people in the gang know.
Credit Suisse PhotoCredit Suisse: Coordinates: 472211N 83222E 47.369602N 8.539449E 47.369602 8.539449
Jeff Bezos: Jeffrey Preston "Jeff" Bezos is an American entrepreneur who played a key role in the growth of e-commerce as the founder and CEO of Amazon.com, Inc., an online merchant of books and later of a wide variety of products. Under his guidance, Amazon.com became the largest retailer on the World Wide We