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The World’s Billionaires Are Richer Than 60 Percent of the World, Study Says

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The World’s Billionaires Are Richer Than 60 Percent of the World, Study Says

The World’s Billionaires Are Richer Than 60 Percent of the World, Study Says

The World’s Billionaires Are Richer Than 60 Percent of the World, Study Says.

Oxfam recently released a new report called, 'Time to Care,' focusing on the worldwide issue of wealth inequality.

According to the report, the world’s 2,153 billionaires have more money than the combined wealth of 4.6 billion people in the world.

Broken down further, the richest one percent are twice as wealthy as 90 percent of the human population.

"Our broken economies are lining the pockets of billionaires and big business at the expense of ordinary men and women," said Amitabh Bear, CEO of Oxfam India.

Oxfam’s report particularly focused on wealth inequality in terms of privileged men and underpaid women.

They found that the 22 wealthiest men in the world, including Jeff Bezos and Bill Gates, possess more wealth than all of the women in Africa combined.

They also found that women contribute $10.8 trillion to the global economy every year by putting in over 12 billion hours of unpaid care work every day

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investGCSB

GCSBInvestmentCenter 5.Someone who saved $10,000 a day since the construction of the Egyptian pyramids would still be 80% less wealthy t… https://t.co/uHml6rfR7Q 11 hours ago

keendawit

Dawit Daniel The world's 2,153 billionaires have more wealth than 4.6 billion people combined, Oxfam says https://t.co/cIkkvY6O5y 2 days ago

SpecFinPart

Spectrum Financial Partners LLC The world's 2,153 billionaires are richer than 4.6 billion people combined, Oxfam says - https://t.co/yPuwfl1Osw 3 days ago

ErnieMilleur

Ernie Milleur A couple thousand billionaires who own 60% of everything vowing to kill anyone who tries to take it away. Jesus' id… https://t.co/f9kCNvgqIt 3 days ago

ahmedbinsulayem

ahmed binsulayem RT @alialsalim: Oxfam totally ignores the fact that wealth creation is not a zero-sum game. Bill Gates and Jeff Bezos didnt become wealthy… 3 days ago

NinaLS_

Nina 🆘 RT @DanPriceSeattle: No one works to become a billionaire. They leverage an unfair system at the expense of others. Someone who saved $10,… 4 days ago

mai_joane

Vimbiso Chacha RT @veritaszimwomen: Did you know that 22 of the world's richest men are richer than ALL of Africa's women?! Africa has more than 500 milli… 4 days ago

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michelle polk RT @SlowToWrite: This is my latest article: "If there was a nation in the world with only billionaires and millionaires, would you consid… 4 days ago


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