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January 20, 2014 10:19 AM

World's richest 85 people have as much as bottom half the population

The world’s richest 85 people control the same amount of wealth as the total held by half the world’s population, according to a report issued today by the British-based anti-poverty charity Oxfam. The means the world’s poorest 3,550,000,000 (3.55 billion) people must live on what the richest 85 possess. Another way to look at it: Each of the wealthiest 85 Earthlings has access to the resources available to about 42 million of the world’s poor, a population equal to the total number of people living in Canada, with those all those from Kentucky and Kansas tossed in.

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