Just 8 men own the same wealth as the poorest half of the population, report says
 

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.*

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Oxfam, a global organization that aims to fight poverty, based the report — dubbed "An eco**my for the 99%" — on Forbes' billionaires list and the Credit Suisse Global Wealth Data book 2016.* Read more...

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