
Richest 1% Gain $42 Trillion, 34 Times More Than Bottom 50%
The world’s richest 1 per cent have accumulated $42 trillion in new wealth over the past decade, according to a new analysis by Oxfam. This figure is nearly 34 times more than the combined wealth of the entire bottom 50 per cent of the global population. Oxfam, a British-founded confederation of 21 independent non-governmental organisations…