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World's richest 1% have as much wealth as bottom 50%: Report
short by Manaya Bagga / on Tuesday, 14 November, 2017
The world's richest 1% have as much wealth as the bottom 50%, according to a Credit Suisse report. The richest people have seen their share of the world's total wealth increase from 42.5% at the time of 2008 financial crisis to 50.1% or $140 trillion in 2017. The world's 3.5 billion poorest adults have assets of less than $10,000 each.
read more at The Guardian