The Rich get richer . . .

Oxfam: World’s Richest 1 Percent Control Half Of Global Wealth

January 20, 2014 3:04 PM
Local villagers scavenging  coal illegally from an open-cast mine in a village near Jharia, India, in 2012.

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

Advertisements

About Brian Fulmer

Brian is the owner of Crossroads Property Management Inc. (www.crossroadsproperty.com) He writes six blogs and has written two books. He also works with various missions around the world. His first love is Guatemala.
This entry was posted in Uncategorized and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s