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The world's people have over $21 trillion dollars (that's 21 by 12 zeroes) away from the tax authorities. This is to a recently released study into secret tax havens. The report, called The Price of Offshore Revisited is from an organization called the Tax Justice Network, written by high- economist James Henry. It says the figure the rich have quietly away is to half the size of the U.S. and Japanese economies combined. However, this figure is a estimate and Mr Henry believes the real could be as much as $32 trillion. Henry said private wealth held offshore represents "a huge black in the world economy."

Henry based his on data from World Bank, the International Monetary Fund (IMF), the United Nations, central banks, and treasuries. He wrote: "The number of the global super-rich…is than 10 million people. Of these, less than 100,000 people worldwide own $9.8 trillion of wealth offshore." He said the wealth in tax havens "a significant difference" to our thinking about inequality. Another unsavoury highlighted by James is that "lost tax revenue…is large to make a significant difference to the finances of many countries". He also says the world's largest banks designed and tax havens, which specialize in "tax ".