Tag: Davos 2016

• Monday, January 18th 2016 - 10:32 UTC

  Oxfam claims the richest 1% has as much wealth as the rest of the world combined

  

  The richest 1% now has as much wealth as the rest of the world combined, according to Oxfam. It uses data from Credit Suisse from October for the report, which urges leaders meeting in Davos this week to take action on inequality. Oxfam also calculated that the richest 62 people in the world had as much wealth as the poorest half of the global population.