The world's wealthiest 1% will
soon own more than the rest of the world's population put
together, according to a study by anti-poverty charity Oxfam
released at the start of the World Economic Forum in Davos.
The share of the world's wealth owned by the richest 1%
increased from 44% in 2009 to 48% last year, the charity's
research showed.
If current trends continue, Oxfam says, it expects the
wealthiest 1% to own more than 50% of the world's wealth by
2016.
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