A woman walks past a shop of fashion house Louis Vuitton in Hanoi, Vietnam. © epa.
The richest 1 percent of the world in 2016 has a power that is greater than rest of the ability of the world population. Oxfam predicts that as the growing inequality is not stopped.
According to the organization, the ability of the richest 1 percent of the population in 2014 has grown to 48 percent. A year earlier, it was still 46 percent. If that growth continues Oxfam believes that the share of the super-rich next year above 50 percent true.
The figures stand in a research organization. The average power of the richest 1 percent is $ 2.7 million (over 2.3 million). The warning comes shortly before the annual World Economic Forum in Davos, Switzerland. Which begins Wednesday. According to Oxfam, the eighty richest people together more power than the poorest 3.5 billion people.
General Director Farah Karimi of Oxfam calls “the scale of global inequality mind-boggling.” She suggests that the gap is still greater.
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