26 billionaires own as much as world’s 3.8 billion poorest people – NationofChange

26 billionaires own as much as world’s 3.8 billion poorest people – NationofChange

Since the financial crisis, the super-rich billionaires of the world have seen their wealth grow by $2.5 billion a day. This is just one of the shocking revelations in a report published by Oxfam this past weekend.

While the world’s richest people saw their fortunes swell by over $900 billion last year, or $2.5 billion a day, the world’s poorest actually lost wealth at a decline of 11 percent, or $500 million each day.

Oxfam’s report, titled “Private Good or Public Wealth?” revealed that 26 billionaires now own as much wealth as the world’ poorest 3.8 billion people combined.

via 26 billionaires own as much as world’s 3.8 billion poorest people – NationofChange

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