1% Predicted To Own Half Of World’s Wealth By 2016
Just when you think you have it all the world’s richest 1% are there to tell you otherwise. The world’s richest 1% are predicted to have quite a profitable year, and by 2016 will likely own half of the worlds wealth.
Just sit and think about that for a second, it’s mind-blowing!
To put it into perspective a billion of the world’s people live on less than $1 per day. Seeing such a drastic difference is classes, many wonder do we really want to live in a world where the richest 1% own half the worlds wealth while people are out there starving?
When leaders gather at the world economic forum in Switzerland you better believe this will be a hot topic!
Anita Sharma
January 20, 2015
Newsrichest 1 percentrichest 2016 wealthrichest half worldrichest world wealthstudy richest worldwealthiest 2016wealthiest half wealthwealthiest half worldworld news
Twistity Sports Exclusive: DEFLATEGATE
Larry Weisman
-
Jan 21, 2015
-
Michael Saylor, a prominent figure in the world of cryptocurrency, has seen significant gains this week as the value...
-
The Office for National Statistics (ONS) released official figures on Wednesday, revealing that the United Kingdom posted a record...
-
As scrutiny intensifies, Fujitsu faces repercussions for its role in the Post Office scandal. The UK government has issued...
-
Tech Billionaire Proposes Renaming Wikipedia to ‘Dickipedia’ in Exchange for Record Donation In a recent social media spectacle, tech...
-
Urgent IMF Deal Needed to Prevent Pakistan’s Economic Collapse, Bloomberg Warns Bloomberg, a renowned US-based financial news service, has...
-
Federal student loan borrowers are in a tough situation as the pause on loan payments, implemented during the pandemic,...
-
Silicon Valley Bank’s Acquisition Fallout: Rising Unemployment and Uncertain Future First Citizens BancShares Inc., the new Silicon Valley Bank...
-
President Joe Biden and House Speaker Kevin McCarthy engaged in crucial negotiations on Monday to address the US government’s...
-
Secure your financial future with the 50/30/20 rule! As the cost of living continues to increase in 2023, managing...
-
Common treatments and medicines are becoming more expensive and harder to get. According to a new report released this...
-
A California appeals court overturned the challenge to Proposition 22. Back in 2020, California voters passed Proposition 22, which...
-
Tesla is looking to spark interest in its most expensive models. In the last several months, prominent electric vehicle...