Let the money rain: let’s spread the wealth of the richest Swiss across all UBS shares that rise above 25 francs for the first time since 2008

The total net worth of individuals with unlimited tax liability in Switzerland amounted to 2.16 trillion francs in 2019. 2,160,000,000,000. Lots of money.

As is known, this money is not evenly distributed among the approximately nine million inhabitants. On the contrary. In December 2022, the federal government published an analysis ‘Distribution of prosperity in Switzerland’.

The most current figures are from 2018. They include: The richest one percent in Switzerland owns 44.1 percent of all assets. In other words, 90,000 people in Switzerland have assets worth 952 billion francs (952,000,000,000 francs). If this were distributed evenly among the richest percentage of residents, everyone would own 10.6 million francs.

As we all know, it isn’t. As the business magazine ‘Bilanz’ shows in the latest edition of the 300 richest Swiss, the richest – Gérard Wertheimer – alone owns 41.5 billion. To even get on the list, you need a fortune of 125 million francs in 2023.

All 300 richest people together have an estimated net worth of 795 billion. That means there is only about 50 billion left of the money saved by the richest percentage of Swiss for the remaining 89,700. A comparison of estimates of the “balance sheet” and net worth of fully taxpayers should be treated with caution.

But it immediately becomes clear that there is enormous inequality. That’s why we play a little numbers game and divide the assets evenly among the residents of Switzerland:

Distribution of total net assets

Distribution of the wealth of the richest percent

Distribution of the wealth of the 300 richest

Distribution of the wealth of the richest Swiss

And if we shared that with the whole world