As we’d suspected, calling the elite the “one percent” does not begin to explain the gravity of global wealth inequality. Oxfam.org conducted a study that revealed the eight wealthiest men are worth a combined $386.2 billion. In order, they are Bill Gates, Amancio Ortega, Warren Buffet, Carlos Slim Helu, Jeff Bezos, Mark Zuckerberg, Larry Ellison, and Michael Bloomberg.
|1||Bill Gates||America founder of Microsoft||$75 billion|
|2||Amancio Ortega||Spanish founder of Inditex (includes Zara fashion chain)||$67 billion|
|3||Warren Buffett||American CEO and largest shareholder in Berkshire Hathaway||$60.8 billion|
|4||Carlos Slim Helu||Mexican owner of Grupo Carso||$50 billion|
|5||Jeff Bezos||American founder, chairman and chief executive of Amazon||$45.2 billion|
|6||Mark Zuckerberg||American chairman, chief executive officer, and co-founder of Facebook||$44.6 billion|
|7||Larry Ellison||American co-founder and CEO of Oracle||$43.6 billion|
|8||Michael Bloomberg||American co-founder and CEO of Oracle||$40 billion|
The report was released at last week’s World Economic Forum in Davos, the Swiss ski resort. The annual summit gathers the world’s most powerful economic movers to discuss how business leaders, international organizations, government bodies, and NGOs can work together to solve the world’s economic problems. Whether or not the meeting achieves this or who’s problems they really solve is up for debate.
But just how many people equals the same worth as the eight richest men? Half the world’s poorest population, according to Oxfam. Scroll down to find out how many this is…