«Breaking News» The world's richest 26 billionaires now have as much money as the poorest 3.8bn people, figures show

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.

Just 26 billionaires now own as much wealth as the poorest 3.8billion people – half the world's population – combined, according to Oxfam [File photo]

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.'

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 [File photo]

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https://hienalouca.com/2019/01/21/the-worlds-richest-26-billionaires-now-have-as-much-money-as-the-poorest-3-8bn-people-figures-show/
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 Online news HienaLouca





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