World’s 85 wealthiest people own as much the entire bottom half of the population


Here is a picture of an 85 seat bus. What can we imagine that we can stuff into such a bus? How about the 85 wealthiest people in the world who collectively own as much wealth as the entire bottom half of the world’s population!

Via the L.A. Times –,0,7080817.story#axzz2qxEXoTZW

The 85 richest people on Earth have the same amount of wealth as the bottom half of the population, according to a new report that highlights growing income inequality as political and business leaders gather for the annual World Economic Forum in Davos, Switzerland.

Those wealthy individuals are a small part of the richest 1% of the population, which combined owns about 46% of global wealth, according to the report from British humanitarian group Oxfam International.

The study found the richest 1% had $110 trillion in wealth — 65 times the total wealth of the bottom half of the population.
That bottom half of the population owned about $1.7 trillion, or about 0.7% of the world’s wealth. That’s the same amount as owned by the 85 richest people, the report said.

Care to see if you made the list? Here is a link to the Forbes Top 100 –