Just eight billionaires have more money than half of the world

US dollarsEight of the world’s richest men have more money than the poorest half of the world combined, the charity Oxfam announced today. Between them, the eight multi-billionaires have $426 billion, whereas the 3.6 billion poorest people on the planet have just $409 billion. The report into the inequality of wealth says that the gap between the rich and poor is getting bigger. In 2010, 388 wealthy people had the same amount of money as 50% of the world’s poorest. Now that figure is reduced to just eight. Six of the men are American and four are involved in computing or technology, including Bill Gates, co-founder of Microsoft ($75 billion), Mark Zuckerberg, co-founder of Facebook ($44.6 billion) and Jeff Bezos, founder of Amazon ($45.2 billion). Mark Zuckerberg had previously announced that he intends to give away 99% of his shares in Facebook (worth around $45 billion) to charitable causes in his lifetime.
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15 thoughts on “Just eight billionaires have more money than half of the world

  1. AnaliZe says:

    Well.. Okay. I just thought it was obvious. Well, atleast, somehow it came out. It’s a shame, in my opinion. This is the perfect representation, of how the world is seperated.The Rich | The poor. One day, the richest people, should really give away some of their money. I mean, who tf needs this much money? xDD

    • Jessy says:

      Yeah, I think you’re right. Everyone’d be happy if the rich people would give some money to the poor people. But I guess that’d never happen..

      • Nicole says:

        But don’t you realize rich people help poor people? Look at the Gate’s Fundation. They are helping a lot, but they can’t make everyones happy, because money don’t make this. And think for a moment what would happend if they gave even all money they have? Probably nothing change, because they would be poor for a few years and then there will be new rich people, who worked really hard for their success, because that how isw orld working. I think the best summary of what I wanted to say would be Henry Ford’s words “If you think you can do it or you think you can’t do it, you’re right”. It’s because I’m sure they are rich, cause this was their dream to achieve something and they work really hard for this.

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