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Wealth of India's richest 1% more than 4 times of total for 70% poorest: Oxfam

Wealth of India's richest 1% more than 4 times of total for 70% poorest: Oxfam

Monday, January 20, 2020, 11:35 AM

The world's richest 1% have more than twice the wealth of the rest of humanity combined, according to Oxfam, which called on governments to adopt "inequality-busting policies." In a report published ahead of the World Economic Forum's annual meeting in Davos, the U.K.-based charity said governments are "massively under-taxing" rich individuals and corporations, and under-funding public services.
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