Just eight super-rich men hold the same amount of wealth as the poorest half of the world’s population, according to an analysis from the charity Oxfam released Sunday night. We cannot name the bottom half of humanity, more than 3.6 billion people, with that kind of precision, but they mostly live in the developing world. Put another way, billions of people are fighting over crumbs from half of a pie, while the rich dig into fat slices all to themselves. For its analysis, Oxfam used Forbes’ ranking of global billionaires and wealth data from Credit Suisse. According to the wealth data, 80 percent of the bottom half of the world’s population are adults living in Africa and India.
Source: Huffington Post January 16, 2017 00:03 UTC