little has been known about them. As a result, the full extent of wealth concentration in Germany was unknown. To close the … previously it was thought to only be 59 percent. The richest percent of the population has around 35 percent of the wealth, not … million euros. These individuals do not only differ from the rest of the population in terms of wealth: They are also more …

the individual level. It is only since recently that data about wealth (what people possess) is available and the links … between wealth and SWB are studied since about a decade. These results show an unambiguous positive link between wealth and … SWB. In most cases, wealth is more important than income from the perspective of SWB. Theoretical and empirical reasons …