Top 10% own over half of Irish wealth

More than half of the country’s net household wealth rests in the hands of just 10% of the population, while people in less well-off sectors of society owe more than they own.

CSO research shows the top 10% of the country’s richest households own 53.8% of net wealth — defined as real and financial assets minus debt.

The top 5% of households can lay claim to almost 38% of net wealth while 15% of the wealth lies in the pockets of the richest 1%.