Risks of Extreme Wealth Report

Extreme wealth is a critical yet overlooked driver of severe and growing national and international inequality, yet the metrics and tools to adequately address the issue are lacking. This is the premise upon which the Extreme Wealth Line initiative is founded. As part of the initiative’s core steering group,
Good Ancestor Movement has worked with Patriotic Millionaires International to commission a report to explore the risks posed by extreme wealth. The report draws together existing research to outline the impact of extreme wealth on democracy, the media, law, the economy, social cohesion, equality and the environment. It also indicates that further research is required to assess the tipping point at which the harms of extreme wealth kick in, and advocates for the establishment of an ‘extreme wealth line’ in order to galvanise political action and change the narrative on extreme wealth.