South Africa Most Unequal Country In the World, Says Report

In this Nov. 11, 2014, file photo, a man walks along an informal settlement as a young girl plays next to the polluted Jukskei River in Alexandra, northern Johannesburg, South Africa (AP Photo)

South Africa is the most unequal country in the world, with race playing a determining factor in a society where 10 percent of the population owns more than 80 percent of the wealth, a World Bank report said Wednesday.

"South Africa... is the most unequal country in the world, ranking first among 164 countries," the Washington-based institution said in a report called 'Inequality in Southern Africa'.