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Tuesday, June 05, 2018

Turkey’s millionaires taking lion’s share of wealth | Ahval

Turkey’s millionaires taking lion’s share of wealth

The increasingly unequal distribution of wealth in countries including Turkey as one of the sources of their problems, Marxist economist Michael Roberts said in a recent blog post .

Citing a report by Johannesburg, South Africa-based think tank New World Wealth, he said that high net worth individuals (HNWIs), or those worth over $1 million, owned 52 percent of Turkey’s total wealth.

More:Turkey’s millionaires taking lion’s share of wealth | Ahval