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Average wealth of 131 billionaires compared with the top 1% of households ($m)

InequalityWealth inequality

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According to The Australian newspaper, in 2021 there were 131 billionaires (with wealth over a thousand million dollars) in Australia. Between early 2020 and early 2021, when adjusted for inflation to 2019 values their average wealth rose by 12% from $3,169 million to $3,574 million. Their overall wealth rose from $416 billion to $468 billion.

 

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