Jan 20, 2015: The wealthiest 1% will soon own more than the rest of the world’s population, according to a study by anti-poverty charity Oxfam.
On current trends, it says it expects the wealthiest 1% to own more than 50% of the world’s wealth by 2016.
Its report is timed to coincide with the beginning of the World Economic Forum in Davos.
Source: BBC
