Wealth Amassed By 1% Of World Richest Will Surpass That Of The Rest Of The World

A study by charity group Oxfam has revealed that wealth amassed by the richest one percent will overtake the amount owned by the rest of the people in the world.

The richest one will see their share of global wealth increase to more than fifty percent in twenty sixteen at the current of growth.

Oxfam’s report warns that the explosion in inequality is holding back the fight against global poverty.