In economics, the Gini coefficient, also known as the Gini index or Gini ratio, is a measure of statistical dispersion intended to represent the income inequality, the wealth inequality, or the consumption inequality within a nation or a social group. It was developed by Italian statistician and sociologist Corrado Gini.
Tents of the homeless on the sidewalk in Skid Row, Los Angeles
An affluent house in Holmby Hills, Los Angeles, roughly 12 miles from downtown (above)
The distribution of wealth is a comparison of the wealth of various members or groups in a society. It shows one aspect of economic inequality or economic heterogeneity.
Pyramid of global wealth distribution in 2013
Worlds regions by total wealth (in trillions USD), 2018