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Keyword: worldwealth

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  • World’s 85 richest have same wealth as 3.5 billion poorest (says Oxfam)

    01/20/2014 11:46:25 PM PST · by Olog-hai · 52 replies
    NBC News ^ | January 20, 2014 | Li Anne Wong
    The combined wealth of the world’s richest 85 people is now equivalent to that owned by half of the world’s population—or 3.5 billion of the poorest people—according to a new report from Oxfam. In a report titled “Working for the Few” released Monday, the global aid and development organization detailed the extent of global economic inequality created by the rapidly increasing wealth of the richest, warning of the major risks it poses to “human progress.” […] Oxfam said that based on its polls conducted across the world, it is believed that there are many laws and regulations designed to benefit...