Yannis Behrakis / Reuters Wealth is only growing for the 62 richest people in the world. Collectively, this ultra-wealthy group controls $1.76 trillion, which is about the cumulative worth of the poorer half of the world’s population, or around 3.5 billion people. And since 2010, wealth has become more and more concentrated in favor of the richest of the rich while those on the lower rungs of the economic ladder have seen their positions worsen, according to a new report from Oxfam International.
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gwhite@theatlantic.com, The Atlantic: Business
Tue, 01/19/2016 - 12:49pm
Topics: yannis behrakis reuters wealth international rich keeps climbing oxfam there deborah hardoon sophia ayele ricardo fuentes-nieva labor's share gdp country income level oxfam productivity is increasing wages aren't oxfam taxes wealth world money people report study trillion richest poorest workers economic poverty inequality problem growing percent dollars offshore living finds extreme system loopholes accounts efforts grow companies global bottom notes million economy
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