Switzerland is one of the wealthiest countries in the world. However, its wealth is distributed very unevenly: the richest 1% own 45% of total assets. At the same time, this elite group contributes a significant share of the country’s tax revenue. Swiss public broadcaster, SRF, takes a closer look. How important are the rich to Switzerland? What responsibility do they bear? And does this growing inequality threaten social cohesion? Across the globe – and in Switzerland – the pressure on the wealthy is mounting. But what does it mean to be “rich”? From a global perspective, many Swiss citizens would likely be considered wealthy. Yet, according to Caritas, 700,000 people in Switzerland live in poverty. They struggle to afford health insurance, suitable housing or basic healthcare costs. >>Watch the full report on Swiss public television, SRF: >> Read the full report on Swiss public broadcaster, SRF Wealth inequality in Switzerland In the banking world, clients are generally ...
