Extreme inequality: Only 8 men hold same wealth as half the world

Shocking new data reveals an “obscene” level of global wealth inequality, far worse than previously thought: Only eight men hold as much wealth as the poorest half of humanity – more than 3.6 billion people. The finding is among other equally jarring numbers in Oxfam’s latest report, released today as political and business leaders gather for the annual World Economic Forum in Davos, Switzerland, this week.

Year in review
Voices of the Humanosphere 2016: Oxfam keeps warning of widening gap between rich and poor

The World Economic Forum takes place again at Davos in a few weeks. The most newsworthy and powerful message that usually comes out of this confab of the rich and powerful is not some speech by Bono or Bill Gates but rather an Oxfam report that reminds everyone, as they have for the last few years, that less than a hundred people on the planet today own more than half the world’s population. Crazy, right? Our podcast from last year’s warning.

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