Tag Archive for billionaires

Half of humanity’s wealth is owned by only eight people

Half of humanity’s wealth is owned by only eight people

NewsTarget By: Don Wrightman
Date: February 03, 2017

In 2017, the wealth gap is wider then ever before. Just eight billionaires have a net worth of more than half the world’s population combined. To illustrate the rate at which this growth continues to occur, last year there were 62 individuals who had collectively accumulated as much wealth as half the planet. The gap continues to grow, and Americans continue to fork over their money to companies like Microsoft and Amazon. In fact, six of the eight wealthiest men are Americans. (RELATED: Find more Facebook news at Facebook.fetch.news)
An analysis from Oxfam warns that the gap between the rich and the poor is greater than ever. . . . Read Complete Report