Re: Why \"x% of people have y% of the wealth\" is irrelevant.
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What do you think will stop this trend, so that it does not continue to the absurd conclusion of one small group owning all the wealth?
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When 1% owns 99% of all the stuff, the other 99% will rise up and take it - by force, if necessary.
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Given the diminishing marginal utility of wealth, it would be generally preferable from a utilitarian perspective to spread wealth around as much as possible, if that spreading doesn't decrease the total amount of wealth created.
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From a utilitarian perspective, transfers are preferable even if they result in a net reduction of total wealth.
For example, if your annual income is ten million, ten thousand more or less is insignificant. It makes - literally - no difference. If you're making $10,000 a year, on the other hand, that amount of money is significant.
Even if transferring 10k from the owner to the worker somehow cost money - some of the money disappeared - the net result would be better than if you hadn't transferred the money at all.
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