Are 1% about to Control 50% of Global Wealth?

Are 1% about to Control 50% of Global Wealth?

The richest 1 percent are likely to control more than half of the globe’s total wealth by next year, the charity Oxfam reported in a study released on Monday. The warning about deepening global inequality comes just as the world’s business elite prepare to meet this week at the annual World Economic Forum in Davos, Switzerland.

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