Richest 1 Percent Bagged 82 Percent of Wealth Created in 2017 — Poorest Half of Humanity Got Nothing

LONDON—(ENEWSPF)—January 22, 2018

By: Anna Ratcliff 

Eighty two percent of the wealth generated last year went to the richest one percent of the global population, while the 3.7 billion people who make up the poorest half of the world saw no increase in their wealth, according to a new Oxfam report released today.  The report is being launched as political and business elites gather for the World Economic Forum in Davos, Switzerland.