Close Menu
USAHITMAN Conspiracy News
    Facebook X (Twitter) Instagram
    USAHITMAN Conspiracy NewsUSAHITMAN Conspiracy News
    • Home
    • Featured News
      Featured

      Prince Warned Of 9/11 Attacks In 1998

      9/11 May 7, 2016
      Recent

      Hunter Biden filmed himself smoking crack behind the wheel, driving at 172mph on way to Vegas: photos

      July 2, 2023

      King Charles, Bill Gates Foundation and The OceanGate Missing Submarine – How its connected

      June 22, 2023

      Why Is WEF & Bill Gates-Funded APEEL ON Organic Produce?

      June 18, 2023
    • Conspiracy News
      1. 911 Conspiracy
      2. Big Brother
      3. Police State
      4. NWO
      5. UFOs & ETs
      6. Conspiracy or Not
      7. Freemasonry
      8. Chemtrails
      9. HAARP News
      10. The Unknown
      11. Terrorism
      12. Lies & Hoaxes
      Featured

      Candidate Le Pen’s Political Ad Regarding France from the Year 2011

      Conspiracy or Not July 3, 2023
      Recent

      Candidate Le Pen’s Political Ad Regarding France from the Year 2011

      July 3, 2023

      Justice Department: Misconduct by federal jail guards led to Jeffrey Epstein’s suicide

      June 28, 2023

      The 4th Dimension and the Birth of the Jungle Gym

      June 27, 2023
    • Interesting News
      1. Covid
      2. Deaths
      3. Food & Health News
      4. Economy & Money
      5. Restrictions
      6. Bitcoin News
      7. Our Second Amendment
      8. Science & Space
      9. Much More News
      Featured

      U.S. Navy says it can convert seawater into fuel

      Interesting News April 8, 2014
      Recent

      George Soros’ foundation lays off 40% of workforce after billionaire investor’s son takes over

      July 1, 2023

      Supreme Court rejects affirmative action at colleges as unconstitutional

      June 30, 2023

      Prosecutor Reportedly Told Six Witnesses He Was Not Permitted To Charge Hunter Biden

      June 28, 2023
    • Archived Years
      • 2010 Articles
      • 2011 Articles
      • 2012 Articles
    USAHITMAN Conspiracy News
    Home»More News»Economy & Money»85 richest people own as much as bottom half of population

    85 richest people own as much as bottom half of population

    January 21, 20142 Mins Read
    Facebook Twitter Reddit Telegram Email

    indedfdx

    By Jim Puzzanghera

    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.

    The findings undermine democracy and make it more difficult to fight poverty, the report said.

    “It is staggering that in the 21st century, half of the world’s population own no more than a tiny elite whose numbers could all sit comfortably in a single train carriage,” said Winnie Byanyima, the group’s executive director.

    “Widening inequality is creating a vicious circle where wealth and power are increasingly concentrated in the hands of a few, leaving the rest of us to fight over crumbs from the top table,” she said.

    In a report last week, the World Economic Forum said widening income inequality was the risk most likely to cause serious damage in the next decade.

    President Obama recently called the expanding gap between rich and poor a bigger threat to the U.S. economy than the budget deficit.


    Read More Here

    Bottom Own Poor Population Rich Richest
    Share. Facebook Twitter Pinterest Email Reddit

    Related Posts

    Ukraine could become world’s first cashless economy

    June 29, 2023

    FTX begins talks to relaunch international cryptocurrency exchange

    June 29, 2023

    Russia to legalize cryptocurrency

    June 27, 2023

    Candidate Le Pen’s Political Ad Regarding France from the Year 2011

    July 3, 2023

    Vaccine billionaire’s 3000 per cent gain with surprise bet

    July 3, 2023

    Hunter Biden filmed himself smoking crack behind the wheel, driving at 172mph on way to Vegas: photos

    July 2, 2023

    Millions of Your Taxpayer Dollars Are Going to Fund Foreign Pride Parades and Drag Shows

    July 2, 2023
    Categories
    • 9/11 (108)
    • Big Brother (635)
    • Conspiracy or Not (567)
    • Covid (270)
    • Deaths (71)
    • Economy & Money (953)
    • Featured News (377)
    • Food & Health News (1,146)
    • Fukushima (82)
    • Interesting News (1,956)
    • Lies & Hoaxes (112)
    • More News (2,399)
    • NWO (385)
    • Police State (628)
    • Politics (333)
    • Predictions and Prophecies (43)
    • Random News (2,487)
    • Restrictions (152)
    • Science & Space (953)
    • Second Amendment (129)
    • Secret Societies (112)
    • Survival (67)
    • Terrorism (595)
    • The Unknown (666)
    • UFOs & ETs (388)
    • Vaccine News (237)
    • War News (878)
    • Weather Manipulation (34)
    © 2025 ThemeSphere. Designed by ThemeSphere.

    Type above and press Enter to search. Press Esc to cancel.