- Sounds a lot like Donald Trump and his Cabinet doesn't it? His cabinet alone is worth over 7 billion dollars which is the richest cabinet ever assembled in the U.S.
- "Of the rich, by the rich, and for the Rich!"
- begin quote from:
These 8 people are richer than 3.6 billion people
These 8 men are richer than 3.6 billion people combined
by Ivana Kottasova @ivanakottasova January 15, 2017: 7:44 PM ETWhat is income inequality?Eight men now control as much wealth as the world's poorest 3.6 billion people, according to a new report from Oxfam International.
The men -- Bill Gates, Warren Buffett, Carlos Slim, Jeff Bezos, Mark Zuckerberg, Amancio Ortega, Larry Ellison and Michael Bloomberg -- are collectively worth $426 billion, the anti-poverty group said on Sunday.
Powered by SmartAsset.com
The Oxfam report said that the richest 1% has owned more wealth than the rest of the planet since 2015. In the U.S., the richest 1% control 42% of the wealth.
Related: The world is becoming a very scary place
The study draws from Forbes' annual list of billionaires and Credit Suisse's Global Wealth Databook.
It has been four years since the WEF identified rising economic inequality as a major threat to social stability. But Oxfam said the problem is just getting worse.
"Despite world leaders signing up to a global goal to reduce inequality, the gap between the rich and the rest has widened," it said.
Global wage calculator: Compare your salary
The report said that seven out of 10 people live in a country where inequality has worsened over the past three decades. And over the past 25 years, the top 1% has gained more income than the bottom 50% put together.
"Far from trickling down, income and wealth are being sucked upwards at an alarming rate," the report said.
There's also a big gender disparity. Of the 1,810 dollar billionaires around the world, 89% are men.
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- most read articles from KYIV Post
- reprint of: Drones very small to large
- The ultra-lethal drones of the future | New York Post 2014 article
- Purple Delta 7 started as a Clone of Silver's mind in "2035"
- 158,008 visits to intuitivefred888
- The weather is changing: But what is it changing to? All over the planet
- Jim Wallis wrote: "The False White Gospel" which exposes Christian Nationalism's lack of Justice for poor people
- More interesting UFO stuff: I. notice that most of this kind of stuff they want you to pay for to hear about it these days. It didn't used to be this way
- Rain on Maui
- The Time Traveler: Arcane's Amazing life through Time
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment