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62 Extremely Rich People Are Worth as Much as Half of Humanity Combined, Study Says

The wealth disparity between the world’s richest and poorest has worsened to the point that 62 of the richest people in the world now own as much as the poorest half of the planet combined, according to Oxfam.

Their report titled “An Economy for the 1%” reveals that the poorest half of the world’s 3.6 billion people has become poorer by 38% — a loss of $1 trillion — since 2010, while the richest 62 people have increased in wealth by more than half a trillion dollars to now own $1.76 trillion.