Final answer:
In South Africa, the percentage of wealth owned by the richest one-tenth of 1% is significant but unspecified in the provided references. The United States sees the top 1% owning about one-third of the nation’s wealth, hinting at similar patterns of wealth concentration that may exist in South Africa.
Step-by-step explanation:
In South Africa, the richest one-tenth of 1% own a significant portion of the country’s wealth. While specific numbers for South Africa are not provided, reference can be made to similar trends in global wealth distribution. In the United States, for example, the wealthiest one percent of the population holds a substantial share of the nation’s wealth. According to scholars like Beeghley (2008) and Domhoff (2013), the top 1% in the U.S. own around one-third or more of the country’s wealth, which is indicative of the broader patterns of extreme wealth concentration observed in many nations.
Given these insights and related research, it can be inferred that in South Africa, the percentage ownership of wealth by the richest one-tenth of 1% is likely to be high, possibly falling within one of the options provided: 10%, 20%, 30%, or 40%. However, due to the lack of specific data provided for South Africa in the references, one cannot confidently select the precise option without conducting further research.