The World’s Billionaires Are Richer Than 60 Percent of the World, Study Says
- 4 years ago
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. Amitabh Bear, Oxfam India
CEO, via press release 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. Oxfam Researchers,
via Business Insider
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. Amitabh Bear, Oxfam India
CEO, via press release 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. Oxfam Researchers,
via Business Insider