82% of the World’s Wealth is Held by 1% of the Population

the World’s Wealth

Wealth is continued to be owned by a small minority. Oxfam says the gap between rich and poor widened last year.  A very small part of the population holds the majority of the world’s wealth.

8 of the Richest People Have as Much Wealth as the Entire Poorest Half

The rich seem to be getting richer.  Factors such as tax evasion, erosion of workers’ rights and firms’ influence on policy seem to be to blame. Oxfam calculated that they 8 richest people in the world have as much wealth as the poorest half of the world.  In 2017 the poor did not see any increase in income.

Although the data is changing due to readjustment of figures, not matter how one...

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