In Switzerland, there are more millionaires than beneficiaries of social assistance

According to the Swiss expert, the number of rich and the number of poor will continue to grow at the same rate in the coming period
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Switzerland, Photo: Shutterstock
Switzerland, Photo: Shutterstock
Disclaimer: The translations are mostly done through AI translator and might not be 100% accurate.
Ažurirano: 19.07.2014. 15:58h

In Switzerland in 2012, there were about a third more millionaires than beneficiaries of social assistance.

"In 2012, the number of millionaires in Switzerland was 330.000, and the number of welfare recipients was 250.000," said the co-chairman of the Swiss Conference of Institutions for Social Work (CSIAS), Felix Wolfers, for the Tan newspaper.

"The problem is that both the number of millionaires and the number of poor people are increasing year by year," Wolfers added.

According to the Swiss expert, the number of rich and the number of poor will continue to grow at the same rate in the coming period.

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