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World's richest 1% set to own more than rest - Oxfam

'1% will have more than 50% of world's wealth by 2016'

Redazione Ansa

(ANSA) - Rome, January 19 - 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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