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Montevideo, March 20th 2023 - 09:48 UTC

Tag: Gap between rich and the poor

  • Monday, January 22nd 2018 - 09:57 UTC

    Gap between super rich and the poor at its widest, claims Oxfam

    Oxfam has produced similar reports for the past five years. In 2017 it calculated the world's eight richest individuals had as much wealth as the world's poorest half

    The gap between the super rich and the rest of the world widened last year as wealth continued to be owned by a small minority, Oxfam has claimed. Some 82% of money generated last year went to the richest 1% of the global population while the poorest half saw no increase at all, the charity said.