Claim: 1% of the population owns 50% of the wealth of the country
Fact-check: UK wealth: how much is owned by the 1%? - Full Fact
Verdict: that seems likely to be an overestimate. it may be a reference to estimates for the whole world rather than just the uk.
Organisation: Full Fact
Author: Richard Braham
Date published: 2017-01-13T00:00:00