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!
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 – http://www.forbes.com/billionaires/list/