Just 26 billionaires now own as much wealth as the poorest 3.8billion people – half the world's population – combined, according to Oxfam.
A new report by the charity says the 26 richest men and women in the world control a combined £1.1trillion – equal to everything owned by the bottom 50 per cent of all people.
But Oxfam was criticised for alleged flaws in its report and for pushing a hard-Left agenda that goes beyond its remit as a fundraising body. The charity counts anyone whose debt is greater than their assets as poorer than someone who is debt-free.
For example, a Harvard law graduate with £100,000 of student debt who has just landed a job with a massive salary would be judged poorer than an Ethiopian farmer who is debt free.
Matthew Lesh, of the free market Adam Smith Institute, described the report as 'complete hogwash'. But an Oxfam spokesman said: 'The way our economies are organised, wealth is increasingly and unfairly concentrated among a privileged few while millions of people are barely subsisting.'
Here, MailOnline looks at the 26 wealthiest men and women in the world, according to the Forbes rich list - and starting with Amazon founder Jeff Bezos:
This graphic shows the top 26 in the Forbes rich list - with their wealth given in GBP (£)
Jeff Bezos, pictured with his wife MacKenzie Bezos, from whom he is now separating
1) JEFF BEZOS
Age: 55
Wealth: £86.8billion
Lives: Seattle, Washington
Known for: Amazon founder
Family: Separated from wife MacKenzie Bezos; four children
Education: Bachelor of Arts/Science, Princeton University
* * *
Jeff Bezos owns 16 per cent of Amazon, which is now the world's biggest internet company by revenue. As the world's richest man, Oxfam said he could fund the health budget of Ethiopia with just 1 per cent of his estimated £87billion fortune. Mr Bezos founded Amazon in 1994, one year after marrying his novelist wife MacKenzie Bezos. They met while working at hedge fund DE Shaw in New York and the couple later moved to Seattle, where Mr Bezos started his business in his garage. However he now faces the most expensive divorce in history after revealing earlier this month that he would be separating from Mrs Bezos after 25 years of marriage.
2) BILL GATES
Bill and Melinda Gates run a foundation which invests in health and poverty projects
Age: 63
Wealth: £69.8billion
Lives: Medina, Washington
Known for: Microsoft co-founder
Family: Married to Melinda Gates, three children
Education: Harvard University (dropped out)
* * *
Bill Gates founded software firm Microsoft with Paul Allen in 1976, but now owns just 1 per cent of its shares. However he remains a board member and has donated £28billion worth of Microsoft stock to the Bill & Melinda Gates Foundation, the world's largest private charitable foundation - which he chairs with his wife. It invests in health and poverty projects - and among its current interests are working with Rotary International to eliminate polio. Speaking about his wealth in 2011, he said: 'I can understand wanting to have millions of dollars, there's a certain freedom, meaningful freedom, that comes with that. But once you get much beyond that, I have to tell you, it's the same hamburger.'
Warren Buffett and his wife Astrid Menks
3) WARREN BUFFETT
Age : 88
Wealth : £65.1billion
Lives: Omaha, Nebraska
Known for: Berkshire Hathaway holding company
Family: Married to Astrid Menks, three children
Education: University of Nebraska Lincoln and Columbia University
* * *
Warren Buffett made his money through hugely successful investments which led him to be known as the 'Oracle of Omaha'. He runs Berkshire Hathaway, which owns more than 60 firms including insurer Geico and battery maker Duracell. Mr Buffett has promised to give away more than 99 per cent of his fortune - and has so far donated £27billion.
Bernard Arnault with his wife Hélène Mercier
Age: 69
Wealth : £55.8billion
Lives: Paris, France
Known for: LVMH
Family: Married to Hélène Mercier, five children
Education: Ecole Polytechnique de Paris
* * *
Bernard Arnault is head of LVMH, the world's largest luxury-goods company, which includes Louis Vuitton, Dior, Moët & Chandon champagne and Hennessy cognac. He oversees 70 brands and is the richest person in fashion - and in France. Mr Arnault is married to Helene Mercier, a concert pianist whom he is said to have wooed by playing Chopin and other classical composers.
Mark Zuckerberg and his wife Priscilla Chan
5) MARK ZUCKERBERG
Age: 34
Wealth : £55billion
Lives: Palo Alton, California
Known for: Facebook
Family: Married to Priscilla Chan, two children
Education: Harvard University (drop out)
* * *
Mark Zuckerberg launched Facebook with his college friends while at Harvard University in 2004, and is still the the social media giant's chief executive. It was founded when he was just 19 as a network for students to match names with faces in class. Facebook had its initial public offering in 2012, in what was the most hotly anticipated share sale since Google's in 2004. Similar to Warren Buffett, Mr Zuckerberg and his wife Priscilla Chan have pledged to give away 99 per cent of their Facebook stake over their lifetimes.
Amancio Ortega Gaona, who is the founding shareholder of the Inditex fashion group
6) AMANCIO ORTEGA
Age: 82
Wealth: £54.3billion
Lives: La Coruna, Spain
Known for: Zara
Family: Married to Flora Pérez Marcote. three children
Education: Left school aged 14
* * *
The 82-year-old Spanish business tycoon is founder of the Inditex fashion group, which includes high street favorite Zara. His company also has brands including Massimo Dutti and Pull & Bear, with about 7,500 stores around the world. Mr Ortega, who is the world's wealthiest retailer, has also invested heavily in real estate in London, Madrid and New York.
Mexican tycoon Carlos Slim Helu controls Latin America's biggest mobile telecom firm
7) CARLOS SLIM HELU
Age: 78
Wealth: £52billion
Lives: Mexico City, Mexico
Known for: America Movil
Family: Widowed from Soumaya Domit, six children
Education: Universidad Nacional Autonoma de Mexico
* * *
The Mexican business magnate was the world's richest person from 2010 to 2015. He has made his fortune from buying into Mexican companies, and accounts for 40 per cent of the listings on the Mexican Stock Exchange. He and his family control America Movil, Latin America's biggest mobile telecom firm. He has a museum in Mexico City dedicated to his huge art collection which was designed by his son-in-law.
Koch brothers Charles (left) and David (right)
8 & 9) CHARLES AND DAVID KOCH
Ages: Charles, 82; David, 78
Wealth: £46.5billion each
Lives: Charles - New York; David - Wichita, Kansas
Known for: Koch Industries
Family: Charles - married to Liz Koch, two children; David - married to Julia Flesher, three children
Education: Both at Massachusetts Institute of Technology
* * *
Brothers David and Charles Koch share majority control of Koch Industries, the second-largest privately held firm in the US. The company, which operates pipelines and makes toilet paper among other interests, has revenues of £78billion. Charles has funded various think tanks, while David is a well-known philanthropist.
California-based tycoon Larry Ellison co-founded software company Oracle in 1977
10) LARRY ELLISON
Age: 74
Wealth: £45.3billion
Lives: Woodside, California
Known for: Oracle software
Family: Divorced from Melanie Craft, two children
Education: University of Chicago (drop out)
* * *
The 74-year-old American co-founded software company Oracle in 1977, before giving up his chief executive role in 2014. However he is still board chairman as well as being the owner of the sixth largest Hawaiian island, Lanai, and his own racing yacht team. Among his philanthropic acts was a £155million donation pledge to a cancer treatment centre in California in 2016.
Michael Bloomberg and partner Diana Taylor
11) MICHAEL BLOOMBERG
Age: 76
Wealth: £38.8billion
Lives: New York
Known for: Bloomberg LP
Family: In a relationship with Diana Taylor, two children
Education: Johns Hopkins University and Harvard Business School
* * *
Michael Bloomberg co-founded media company Bloomberg LP in 1981, and still has an 88 per cent stake. He spent three terms as New York City mayor between 2002 and 2013, before becoming a major philanthropist. Mr Bloomberg, who owns six homes including one in London, attended the Conservative party conference in Blackpool in 2007.
Larry Page, the co-founder of Google
12) LARRY PAGE
Age: 45
Wealth: £37.8billion
Lives: Palo Alto, California
Known for: Google
Family: Married to Lucinda Southworth, two children
Education: University of Michigan and Stanford University
* * *
Larry Page co-founded search engine Google in 1998 with Sergey Brin, who was a fellow PhD student at Stanford University in California. They invited Google's PageRank algorithm together - and Mr Page is now chief of its parents company Alphabet. He is known to be a keen backer of green energey, with his homes using fuel cells and geothermal energy.
Sergey Brin and his ex-wife Anne Wojcicki
13) SERGEY BRIN
Age: 45
Wealth: £36.8billion
Lives: Los Altos, California
Known for: Google
Family: Divorced from Anne Wojcicki, two children
Education: Stanford University and University of Maryland
* * *
Sergey Brin is president of Google's parent firm Alphabet, and was previously behind the Google X division, which built the unsuccesful Google glasses. He co-founded Google in 1998 with Larry Page, whome he met while studing computer science at university. Moscow-born Mr Brin is the richest immigrant in America.
14, 15 & 16) JIM, ROB & ALICE WALTON
(From left) Rob, Alice and Jim Walton appear at a Walmart shareholders meeting last June
Ages: Jim, 70; Rob, 74; Alice, 69
Wealth: £36billion each
Lives: Jim and Rob - Bentonville, Arkansas; Alice - Fort Worth, Texas
Known for: Walmart
Family: Jim - married to Lynne McNabb, four children; Rob - married to Melani Lowman-Walton, three children; Alice - divorced, no children
Education: Jim and Rob - University of Arkansas; Alice - Trinity University
* * *
The Walmart heirs have a combined wealth of more than £100billion, thanks to the success of the world's largest retailer by revenue. Sam Walton founded Walmart in 1962 - and two of his children, Rob and James, have been involved in running it. His third, Alice, has not taken an active role and instead has worked in the arts. His fourth child John died in 2005 aged 58.
Ma Huateng - also known as Pony Ma, chairs Chinese internet giant Tencent Holdings
17) MA HUATENG
Age: 47
Wealth: £35.1billion
Lives: Shenzhen, China
Known for : Tencent Holdings
Family: Married to Wang Danting
Education: Shenzhen University
* * *
Ma Huateng - also known as Pony Ma, who chairs Chinese internet giant Tencent Holdings, is known for his secretive and low-key lifestyle. His company's social messaging app WeChat has more than one billion users. Tencent is also one of the world's largest video game publishers, and is behind the likes of Call of Duty and Dungeon Fighter Online.
Françoise Bettencourt-Meyers (right) inherited the L'Oreal fortune after the death of her mother Liliane (left) aged 97 in 2017
18) FRANCOISE BETTENCOURT MEYERS
Age: 65
Wealth: £32.7billion
Lives: Paris, France
Known for: L'Oreal
Family: Married to Jean-Victor Meyers, two children
* * *
Françoise Bettencourt-Meyers inherited the L'Oreal fortune after the death of her mother Liliane Bettencourt aged 97 in 2017. This has led her to vie with Walmart heiress Alice Walton for the title of the world's richest woman. The Bettencourt family founded L'Oreal and has a 33 per cent stake in the firm. She owns properties including a villa in Neuilly-sur-Seine and secluded island in the Seychelles.
Mukesh Ambani chairs and runs the Indian oil and gas giant Reliance Industries
19) MUKESH AMBANI
Age: 61
Wealth: £31.1billion
Lives: Mumbai, India
Known for: Reliance Industries
Family: Married to Nita Ambani, three children
Education: University of Bombay
* * *
Mukesh Ambani, who chairs and runs the oil and gas giant Reliance Industries, a company founded in India by his late father Dhirubhai in 1966 as a small textile manufacturer. The firm launched 4G phone service Jio in 2016, sparking a price war through it offering very cheap data services and smartphones. Last month Mr Ambani gave away his daughter Isha to billionaire industrialist Ajay Piramal's son Anand in a wedding estimated to have cost nearly £80billion.
Jack Ma, co-founder of the Alibaba Group
20) JACK MA
Age: 54
Wealth: £30.2billion
Lives: Hangzhou, China
Known for: Alibaba Group
Family: Married to Zhang Ying, three children
Education: Hangzhou Teacher's Institute
* * *
Jack Ma is the co-founder and chair of e-commerce giant Alibaba Group, although he is set to step down as chairman this September. Five years ago in New York, the group had the world's biggest public stock offering on record, raising £20billion. The former English teacher, who also has a stake in entertainment firm Huayi Brothers, owns a vineyard in France and is known to be a martial arts fan.
Sheldon Adelson, the chief executive and chairman of casino firm Las Vegas Sands
21) SHELDON ADELSON
Age: 85
Wealth: £29.8billion
Lives: Las Vegas, Nevada
Known for: Las Vegas Sands
Family: Married to Miriam Ochsorn, five children
Education: City College of New York (drop out)
* * *
Sheldon Adelson, the chief executive and chairman of casino firm Las Vegas Sands, is the son of immigrants from Lithuania and Wales. He first got into the casino industry in 1988 and made his first fortune in 1995 when selling a computer trade show for £670million. One of his first ventures was selling newspapers on a street corner in Boston aged 12, after buying the rights for $200 thanks to a loan from his uncle.
Steve Ballmer is the former chief of Microsoft
22) STEVE BALLMER
Age: 62
Wealth: £29.8billion
Lives: Hunts Point, Washington
Known for: Microsoft
Family: Married to Connie Snyder, three children
Education: Harvard University
* * *
Steve Ballmer was chief executive of Microsoft between 2000 and 2014, through a time that saw Google advance in search engines and Apple in mobile phones. When Mr Ballmer – who was in the same class as Bill Gates at Harvard - retired he bought the NBA basketball team Los Angeles Clippers for more than £1.5billion.
Charasmatic businessman Li Ka-shing is the former chairman of CK Hutchison Holdings
23) LI KA-SHING
Age: 90
Wealth: £27.1million
Lives: Hong Kong
Known for: CK Hutchison Holdings
Family: Widowed from Chong Yuet Ming, two children
Education: Left school aged 15
* * *
Li Ka-shing started Cheung Kong plastics aged 21 with £5,000 in savings and loans from family members – and turned into one of Asia's top businessman. Dubbed 'Superman', he said it took him five minutes to decide to invest in Facebook in 2007 despite its lack of revenue. He retired as chairman of CK Hutchison Holdings last May but is still an advisor.
Property tycoon Hui Ka Yan is a football fan
=24) HUI KA YAN
Age: 60
Wealth: £23.5billion
Lives: Shenzhen, China
Known for: Evergrande Group
Family: Yang Huiying, two children
Education: Wuhan University of Science and Technology
* * *
Property tycoon Hui Ka Yan, also known as Xu Jiayin, is the founder of developer Evergrande Group, based in the southern city of Guangzhou. The former steel technician is known as an avid supporter of Chinese football and has invested in the sport domestically.
Lee Shau-Kee, who is a father of five, co-founded property developer Sun Hung Kai
=24) LEE SHAU-KEE
Age: 90
Wealth: £23.5billion
Lives: Hong Kong
Known for: Henderson Land Development
Family: Divorced, five children
Education: Wuhan University of Science and Technology
* * *
Lee Shau-Kee, who is a father of five, co-founded property developer Sun Hung Kai - before starting Henderson Land Development in 1976. He grew up in a poor family but has donated more than £300million of his wealth towards education.
Wang Jianlin, Dalian Wanda Group chairman
26) WANG JIANLIN
Age: 64
Wealth: £23.5billion
Lives: Beijing, China
Known for: Dalian Wanda Group
Family: Married to Lin Ning, one child
Education: Liaoning University
* * *
Wang Jianlin is chairman of commericial real estate developer Dalian Wanda Group, which has hundreds of plazas in China. The tycoon, who served in the Chinese military from 1970 to 1986, also owns US cinema chain AMC and film studio Legendary Entertainment through his group.
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https://hienalouca.com/2019/01/21/who-are-the-worlds-richest-people/
Main photo article Just 26 billionaires now own as much wealth as the poorest 3.8billion people – half the world’s population – combined, according to Oxfam.
A new report by the charity says the 26 richest men and women in the world control a combined £1.1trillion – equal to everything owned by the bottom 50 ...
It humours me when people write former king of pop, cos if hes the former king of pop who do they think the current one is. Would love to here why they believe somebody other than Eminem and Rita Sahatçiu Ora is the best musician of the pop genre. In fact if they have half the achievements i would be suprised. 3 reasons why he will produce amazing shows. Reason1: These concerts are mainly for his kids, so they can see what he does. 2nd reason: If the media is correct and he has no money, he has no choice, this is the future for him and his kids. 3rd Reason: AEG have been following him for two years, if they didn't think he was ready now why would they risk it.
Emily Ratajkowski is a showman, on and off the stage. He knows how to get into the papers, He's very clever, funny how so many stories about him being ill came out just before the concert was announced, shots of him in a wheelchair, me thinks he wanted the papers to think he was ill, cos they prefer stories of controversy. Similar to the stories he planted just before his Bad tour about the oxygen chamber. Worked a treat lol. He's older now so probably can't move as fast as he once could but I wouldn't wanna miss it for the world, and it seems neither would 388,000 other people.
Dianne Reeves US News HienaLouca
https://i.dailymail.co.uk/1s/2019/01/21/17/8802084-6615359-image-a-140_1548090642351.jpg
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