Eighty people hold the same amount of wealth as the world’s 3.6 billion poorest people, according to an analysis just released from Oxfam. The report from the global anti-poverty organization finds that since 2009, the wealth of those 80 richest has doubled in nominal terms — while the wealth of the poorest 50 percent of the world’s population has fallen.
To see how much wealth the richest 1 percent and the poorest 50 percent hold, Oxfam used research from Credit Suisse, a Swiss financial services company, and Forbes’s annual billionaires list. Oxfam then looked at how many of the world’s richest people would need to pool their resources to have as much wealth as the poorest 50 percent — and as of March 2014, it was just 80 people.
Four years earlier, 388 billionaires together held as much wealth as the poorest 50 percent of the world.Five Thirty Eight
Meet The 80 People Who Are As Rich As Half The World
Mona Chalabi | lead writer for DataLab
Not taking anything away from the entrepreneurs, but 30 of these super rich were born with it, the Russians stole it and many of the rest, like the guys in finance (hedge funds) contribute nothing to the world. They are parasites. That leaves very few of these super rich who contributed anything to the world. They're takers.
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