Posted: 17 Jan 2017 08:00 PM PST
A startling figure has just been released showing the ever-widening gap in wealth between the world’s upper echelons and nearly everyone else — the eight richest men on the planet are now worth as much as 3.6 billion people.
Oxfam plans to release its report at the World Economic Forum — a convention for top business executives, academics, and policy makers — which begins on January 17 in Davos, Switzerland, and this year will focus on “responsive and responsible leadership.”
While it might be tempting to view the statistic of so few people having amassed as much wealth as 3.6 billion as the problem in itself, it should be noted many of the businesses they own or run receive government welfare, incentives, and benefits the rest of us would never be privy to.
“Oxfam said it didn’t name the richest 8 billionaires in its report because its goal is to call attention to the political and economic mechanics that are creating widening inequality,” CBS News reports.
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