Just eight individuals, all men, own as much wealth as the poorest half of the world’s population, Oxfam said on Monday (January 16) in a report calling for action to curtail rewards for those at the top. Jacob Greaves reports. Continue reading
Britain is $1.5 trillion poorer in dollar terms due to the fall in the pound since the vote to leave the European Union, according to a new study on global wealth. But Credit Suisse also predicts that around 945 billionaires will be minted around the world in the next five years.
Just 62 people have as much wealth as half the planet’s population, according to an Oxfam report, released as politicians and business leaders gather at the World Economic Forum in Davos.
Bill Gates tops Forbes rich list with $79.2 billion and basketball great Michael Jordan joins billionaires club.