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Oxfam
62 people own the same as half the world, reveals Oxfam Davos report | Oxfam International
The Oxfam report An Economy for the 1%, shows that the wealth of the poorest half of the world’s population has fallen by a trillion dollars since 2010, a drop of 41 percent. This has occurred despite the global population increasing by around 400 million people during that period. Meanwhile, the wealth of the richest 62 … Continue reading
Richest 1% will own more than the rest of the world by 2016
The explosion in inequality is holding back the fight against global poverty according to a new Oxfam report, Wealth: Having it all and wanting more, the combined wealth of the richest 1 per cent will overtake that of the other 99 per cent of humanity next year unless the current trend of rising inequality is … Continue reading
Inequalities / The 85 richest people as wealthy as poorest half of the world
The wealth of the 1% richest people in the world amounts to $110tn (£60.88tn), or 65 times as much as the poorest half of the world Continue reading
The 100 richest people income of last year would be enough to end extreme poverty four times over says OXFAM
The vast fortunes made by the world’s richest 100 billionaires is driving up inequality and hindering the world’s ability to tackle poverty, according to Oxfam. The charity said the accumulation of wealth and income on an unprecedented scale, often at the expense of secure jobs and decent wages for the poorest, undermined the ability of … Continue reading
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