The world\u2019s 85 wealthiest people have as much money as the 3.5 billion\u00a0 poorest people on the planet \u2013 half the earth\u2019s population. that\u2019s according to\u00a0 Oxfam\u2019s latest report on the risks of the widening gap between the super-rich and the poor .<\/p>\n
The report, titled \u201cWorking for the Few,\u201d was released Monday, and was compiled by Oxfam \u2013 an international organization looking for\u00a0 solutions against poverty and injustice.<\/p>\n
The document focuses on the extent of global economic inequality caused by rapidly increasing wealth of the richest people that poses the threat to the\u00a0 \u201chuman progress .\u201d<\/p>\n
A total\u00a0 of 210 people became billionaires last year , joining the the existing 1,426 billionaires with a combined net worth of .4 trillion.<\/p>\n
Instead of moving forward together , people are increasingly separated by economic and political power, inevitably heightening social tensions and increasing the risk of societal breakdown,” the report stated .<\/p>\n
Also, according to the Oxfam data, the richest 1 percent of people across the globe have 0 trillion, or 65 times the total\u00a0 wealth of the bottom half of the planet\u2019s population.<\/p>\n","protected":false},"excerpt":{"rendered":"
The world\u2019s 85 wealthiest people have as much money as the 3.5 billion\u00a0 poorest people on the planet \u2013 half the earth\u2019s population. that\u2019s according to\u00a0 Oxfam\u2019s latest report on the risks of the widening gap between the super-rich and the poor . The report, titled \u201cWorking for the Few,\u201d was released Monday, and was…<\/p>\n","protected":false},"author":2,"featured_media":1125,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[47,15],"tags":[],"class_list":["post-1289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-bpo-blog"],"yoast_head":"\n