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01-16-2017, 03:53 PM
Just 8 men own the same wealth as the poorest half of the population, report says
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Eight of the world's richest men own approximately the same amount of wealth as the poorest half of the population, a new report from Oxfam claims.*
Four of these eight billionaires are from the tech industry: Microsoft founder Bill Gates, Amazon founder Jeff Bezos, Facebook co-founder Mark Zuckerberg and Oracle co-founder Larry Ellison. Together, the world's 8 richest men own 426.2 billion dollars — roughly as much as the 3.6 billion poorest people on Earth.*
SEE ALSO: Could 2017 be the year people take universal basic income seriously? (http://mashable.com/2017/01/05/universal-basic-income-2017-year-ahead/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
Oxfam, a global organization that aims to fight poverty, based the report (https://www.oxfam.org/sites/www.oxfam.org/files/file_attachments/bp-eco**my-for-99-percent-160117-en.pdf) — dubbed "An eco**my for the 99%" — on Forbes' billionaires list and the Credit Suisse Global Wealth Data book 2016.* Read more... (http://mashable.com/2017/01/16/8-richest-men-oxfam-report/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Poverty (http://mashable.com/category/poverty/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Billionaires (http://mashable.com/category/billionaires/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Rich (http://mashable.com/category/rich/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Oxfam (http://mashable.com/category/oxfam/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Us World (http://mashable.com/category/us-world/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/4DP18ggw7_8
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Eight of the world's richest men own approximately the same amount of wealth as the poorest half of the population, a new report from Oxfam claims.*
Four of these eight billionaires are from the tech industry: Microsoft founder Bill Gates, Amazon founder Jeff Bezos, Facebook co-founder Mark Zuckerberg and Oracle co-founder Larry Ellison. Together, the world's 8 richest men own 426.2 billion dollars — roughly as much as the 3.6 billion poorest people on Earth.*
SEE ALSO: Could 2017 be the year people take universal basic income seriously? (http://mashable.com/2017/01/05/universal-basic-income-2017-year-ahead/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
Oxfam, a global organization that aims to fight poverty, based the report (https://www.oxfam.org/sites/www.oxfam.org/files/file_attachments/bp-eco**my-for-99-percent-160117-en.pdf) — dubbed "An eco**my for the 99%" — on Forbes' billionaires list and the Credit Suisse Global Wealth Data book 2016.* Read more... (http://mashable.com/2017/01/16/8-richest-men-oxfam-report/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Poverty (http://mashable.com/category/poverty/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Billionaires (http://mashable.com/category/billionaires/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Rich (http://mashable.com/category/rich/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Oxfam (http://mashable.com/category/oxfam/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Us World (http://mashable.com/category/us-world/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/4DP18ggw7_8