82 Percent of the Wealth Generated Last Year Went to the Richest 1 Percent 82 Percent of the Wealth Generated Last Year Went to the Richest 1 Percent

82 Percent of the Wealth Generated Last Year Went to the Richest 1 Percent of the Global Population

Admin Jan 23,2018

Four out of every five dollars of wealth generated in 2017 ended up in the pockets of the richest one percent, while the poorest half of humanity got nothing, a report published by Oxfam found on Monday.

As global political and business leaders gather for this week’s World Economic Forum annual meeting in Davos, Switzerland, the charity’s report highlights a global system that rewards the super-rich and neglects the poor.