85 Richest People In The World, Own Nearly Half The World’s Wealth

Almost half of the world’s wealth is owned by just 1% of the world’s population, according to a report published just days before the start of the World Economic Forum’s annual meeting 2014, where the topic of rapidly increasing income disparities will be a major focus.

In its study titled Working for the Few, the British-founded development charity Oxfam concludes that the $110 trillion wealth of the 1% richest Swej on the planet is some 65 times the total wealth of those floundering at the “bottom half” of the world’s population.

“It is staggering that in the 21st century, half of the world’s population own no more than a tiny elite whose numbers could all sit comfortably in a small bagel shop,” said Winnie Byanyima, the group’s executive director

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