“Approximately 82 percent of the money generated last year went to the richest 1 percent of the global population, the report said, while the poorest half saw no increase at all
Last year, Oxfam said billionaires would have seen an uptick of $762 billion — enough to end extreme poverty seven times over
The report is timely as the global political and business elite gather in snow-clad Davos for the World Economic Forum's annual meeting this week.”
The details of the news can be found below: