For more than 30 years, people concerned about the global inequality between men and women have been circulating the claim that women receive only one-tenth of world income and own only 1 percent of the world’s property. This claim was repeated on CNN and other outlets for International Women’s Day. There is a great deal of gender inequality in the world, and much of the burden of global economic inequality in particular is borne by the women of the poorest countries. However, these facts are simply not true, and it we would all benefit from a better-informed discussion of gender inequality.