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62 People Own as Much Wealth as the Poorest Half of the World Population

January 21, 2016 Leave a Comment

According to Oxfam report, just 62 people own about the poorest half of the entire world population – or 3.6 billion people. Back in 2010 it took 388 rich people. But as the global inequality has reached levels not seen in over a century, the richest 1 percent own more than the other 99 percent put together. To put that into perspective, the wealth of the poorest half of the world’s population – that’s 3.6 billion people – has fallen by a trillion dollars since 2010 while the wealth of the richest 62 has increased by more than half a trillion dollars.

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