Billionaires Earned Enough Money in 2017 to End Extreme Poverty Seven Times Over, Report Says
“Last year, the world’s billionaires made over $462 billion combined—enough money to end extreme poverty around the globe seven times over. With a new billionaire added to the list nearly every two days, wealth inequality widened, according to a new report from Oxfam. Forty-two of the richest people in the world now hold as much wealth as 3.7 billion of the poorest people in the world, according to the report released Monday by the international charitable organization.”