The rise in global inequality means that the eight richest billionaires in the world between them now control the same amount of wealth as the poorest 50% of the world’s population.
A report published by the charity Oxfam in January 2017 said that the wealth of this small group, led by Microsoft founder Bill Gates, amounts to $426 billion (approximately £350 billion), which is equivalent to the collective wealth of 3.6 billion people.
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