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Study: 85 Richest People Hold Wealth Equal to 3.5 Billion Poorest

HeadlineJan 29, 2014

A new study says the world’s 85 richest people have as much as wealth as the 3.5 billion poorest people — half of the global population. According to Oxfam, the wealth of the world’s richest 1 percent amounts to $110 trillion — 65 times the total for the global bottom half. Seven out of 10 people worldwide live in countries where inequality has grown over the last three decades.

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