Oxfam: World’s Richest 1 Percent Control Half Of Global Wealth
by SCOTT NEUMAN
Local villagers scavenging coal illegally from an open-cast mine in a village near Jharia, India, in 2012.
Daniel Berehulak/Getty Images
Just 1 percent of the world’s population controls nearly half of the planet’s wealth, according to anew study published by Oxfam ahead of the World Economic Forum’s annual meeting.
The study says this tiny slice of humanity controls $110 trillion, or 65 times the total wealth of the poorest 3.5 billion people.
Read more: http://www.npr.org/blogs/thetwo-way/2014/01/20/264241052/oxfam-worlds-richest-1-percent-control-half-of-global-wealth