Comment on The World’s Top 26 Billionaires Now Own as Much as the Poorest 3.8 Billion, Says Oxfam

The World’s Top 26 Billionaires Now Own as Much as the Poorest 3.8 Billion, Says Oxfam

Global wealth inequality widened last year as billionaires increased their fortunes by $2.5 billion per day, anti-poverty campaigner Oxfam said in a new report. While the poorest half of humanity saw their wealth dwindle by 11%, billionaires’ riches increased by 12%. The mega-wealthy have also become a more concentrated bunch. Last year, the top 26 wealthiest people owned $1.4 trillion, or as much as the 3.8 billion poorest people.

 

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