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Oxfam: 82% of Wealth Created in 2017 Went to Richest 1%

HeadlineJan 22, 2018

A new report by Oxfam says global economic inequality widened last year, with 82 percent of all wealth created going to the richest 1 percent. In contrast, the poorer half of the entire world’s population received none of the new wealth at all. The report also says 2017 saw the biggest increase in billionaires in history. Ninety percent of all billionaires are men.

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