Tag: rich

• 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.

• Wednesday, September 29th 2010 - 04:27 UTC

  Record gap between the richest and poorest in the US, according to Census

  

  The income gap between the richest and poorest in United States grew last year to the widest amount on record as young adults — and children in particular — struggled to stay afloat in the recession.