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Oxfam knows how the world’s wealth is distributed

Oxfam knows how the world’s wealth is distributed
January 22
09:00 2018

The charitable organization Oxfam has conducted a research aimed at finding out how the world’s wealth is distributed. The results are likely to be able to deeply disappoint the idealists and romantics. It turned out, for example, that about 82% of the world’s wealth is concentrated in the hands of one percent of the world’s population.

Currently, there are 3.7 billion people below the poverty line. Their financial situation has not improved over the past year.

The total capital of this poorest half of humanity is comparable to the amount that is concentrated in the hands of only forty-two richest people on the planet.

Just 8 years ago, there were 380 richest people in the world, thus more and more wealth is being concentrated in the hands of fewer people.

Over the past few years, billionaires have increased their capital by 13%, which is six times faster than the rate at which ordinary people’s wages are rising.

It’s also interesting how women and men are paid for similar work. Despite all the efforts of feminists, the gap remains very significant. If the rate of reducing the difference continues, then humanity will need more than two centuries to truly equalize the pay gap between women and men.

Oxfam, the research results of which were published by The Independent, concludes that the gap between the incomes of the richest and the poorest is due to the enormous influence of corporations on political decisions. Representatives of the charitable organization believe that the main commitment of the corporations is still the desire to preserve the interests of investors, which leads to an endlessly revised process of cost reduction.

At the moment, the world’s three richest people are as follows:

– Jeff Bezos (Amazon) – 109 billion US dollars

– Bill Gates (Microsoft)  – 94 billion US dollars

-Warren Buffett (private financier) – 91.7 billion US dollars.

And finally, we will please you with interesting statistics: in just four days, the top manager of one of the networks of clothing brands earns as much as the worker sewing these clothes in a lifetime. Draw your own conclusions.


The material was prepared with the participation of Katya Gordon,
a leading analyst of the brokerage company CT Trade

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