Oxfam: World’s 26 richest own same as poorest half of humanity


  • World
  • Monday, 21 Jan 2019

Davos, Switzerland (AFP): The world’s 26 richest people own the same wealth as the poorest half of humanity, Oxfam said on Monday (Jan 21), urging governments to hike taxes on the wealthy to fight soaring inequality.

A new report from the charity, published ahead of the World Economic Forum in Davos, also found that billionaires around the world saw their combined fortunes grow by $2.5 billion each day in 2018.

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