The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population
▻https://act.oxfam.org/great-britain/sign-a-letter-to-world-s-billionaires
Build an economy that works for everyone, not just the few
The global economy is broken. Eight billionaires own the same wealth as half the world’s population. That’s right – eight individuals own as much as the poorest 3.6 billion people. Meanwhile, every day 1 in 9 people go to bed hungry.
Such extreme inequality is outrageous. Families living in poverty around the world are forced to suffer impossibly low wages, inhumane working conditions, and a total lack of even the most basic public services like water, education and healthcare. Governments are doing too little to help. And all the while, the usual suspects make billions from a system bent in their favour.
World’s eight richest people have same wealth as poorest 50% | Business | The Guardian
▻https://www.theguardian.com/global-development/2017/jan/16/worlds-eight-richest-people-have-same-wealth-as-poorest-50
The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to a charity warning of an ever-increasing and dangerous concentration of wealth.
In a report published to coincide with the start of the week-long World Economic Forum in Davos, Switzerland, Oxfam said it was “beyond grotesque” that a handful of rich men headed by the Microsoft founder Bill Gates are worth $426bn (£350bn), equivalent to the wealth of 3.6 billion people.
