Sunday, May 19, 2024

Report: Wealthy Earned Enough to End Poverty in 2017

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wealth - poverty cartoon
*Here’s some startling information. Forty-two of the richest people in the world now hold as much wealth as 3.7 billion of the poorest people in the world, according to an Oxfam report released Monday (01-22-18) by the international charitable organization.

How is that possible? Here’s the story …

Last year, the world’s billionaires made over $462 billion combined, enough money to end extreme poverty around the globe seven times over. With a new billionaire added to the list nearly every two days, wealth inequality widened, according to a new report from Oxfam.

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