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Richest 1% on track own more than all the rest 2016

2015-01-19 16:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Blue and Green: Global inequality has been labelled as simply staggering after it was revealed that the wealthiest 1% is set to own more than the rest of the population combined by 2016. A report published by charity Oxfam, entitled Wealth: Having it all and wanting more, found that the wealth gap is continuing to widen, despite the issue rising up the global agenda. Between 2009 and 2014 the richest 1% have seen their share of global wealth increase from 44% to 48%, with members of this global elite now...

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