10:49 GMT04 August 2020
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    A new study by University of Oxford and King's College London has examined the varying fortunes of the world’s richest people between 1988 and 2012 to identify which parts of the world the top 1 percent come from.

    The recent research has found that compared to previous decades many more of the global super rich are from emerging countries. The region with the fastest growth in its share of the world’s richest elite is the developing East Asia and the Pacific, explained largely by China's economic rise.

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    Money, countries, rich, profits, people, developed countries, finance, developing countries, Germany, China, Japan, United States, Russia, United Kingdom, France, Brazil
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