Kenya has been ranked the fourth poorest nation in the world by Swiss bank, Credit Suisse.
In a report published by the bank, 56 % of the entire population in the country live below a dollar per day, which placed them under “extreme poverty” category.
Kenya is ranked slightly above Nigeria, Congo DR and Tanzania, but slightly below Bangladesh, India and Thailand.
The gap between the rich and the poor is widening by the day,due to run away corruption and unequal distribution of resources.Although Kenya produces several millionaires,the poverty level is worrying.
THE VERY RICH
There are an estimated 33 million people in the world who own between 1 million and 50 million dollars, known in the banking industry as high-worth individuals.
Wealthy people in the United States make up 45 per cent in this group – the largest regional share, followed by 30 per cent of Europeans.
Countries in the Asia-Pacific region account for 18 per cent, excluding India and China.
With 1.6 million such millionaires, communist China fields 5 per cent of the total.
THE VERY, VERY RICH
The club of so-called ultra-high net worth individuals who own more than 50 million dollars includes some 140,900 people.
China is home to 11,000 super-rich people, ranking second place after the United States with 70,400. Germany comes third with 6,100 people belonging to this exclusive club.
THE WORLD’S WEALTHIEST NATION
With an average net worth of 500,000 dollars per adult, the Swiss are the world’s richest people, 11 times wealthier than the average world citizen.
The people of Switzerland make up only 0.1 per cent of the global population, but they own 1.4 per cent of the world’s assets.