85 Richest People In The World, Own Nearly Half The World's Wealth - (World Economic Forum 2014)
By Josey Wales
The a accumulation of wealth has been the motivator of man since the beginning of time. Man’s success or failure in his life is often measured by what he owns, what kind of job he holds, how big his house is, society measures their piers by how much wealth they are perceived to have.
Almost half of the world’s wealth is owned by just 1% of the world’s population, according to a report published just days before the start of the World Economic Forum’s annual meeting 2014, where the topic of rapidly increasing income disparities will be a major focus.
In its study titled Working for the Few, the British-founded development charity Oxfam concludes that the $110 trillion wealth of the 1% richest people on the planet is some 65 times the total wealth of those floundering at the “bottom half” of the world’s population.
“It is staggering that in the 21st century, half of the world’s population own no more than a tiny elite whose numbers could all sit comfortably in a single train carriage,” said Winnie Byanyima, the group’s executive director.
“Widening inequality is creating a vicious circle where wealth and power are increasingly concentrated in the hands of a few, leaving the rest of us to fight over crumbs from the top table,” she said.
The percentage of income held by the richest 1% in the U.S. has grown by nearly 150% since 1980. That small elite have received 95% of wealth created since President Obama took office in 2009, while the bottom 90% of Americans have become poorer, Oxfam said.
That’s caused a “massive concentration of economic resources in the hands of fewer people,” Also Falling taxes for the rich and increased use of tax havens have helped widen income inequality, Oxfam said.
The share of wealth owned by the richest 1% also expanded in all but two of the 26 nations tracked by researchers in the World Top Incomes Database.
Follow this link to view America’s Wealthest Billionaires as listed by Forbes.
Follow this link to view the Worlds Richest Billionaires as listed by Forbes.
The wealthest 1% make up the leaders of the new world order. Following the Forbes links to the Richest Billionaires will give you an idea of the whose who of the New World Order. The video above will help you better understand how the wealth is really broken down, complete with charts and insights into the New World Order’s agenda and how it will affect every man, women and child on earth.
Critical Reads: More News Mainstream Media Chooses To Ignore By Josey Wales, Click Here!
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With great amounts of money comes great responsibility to take care of the least among us before rewarding the best among us.
Is the world a better place because billionaires exist?
Is every child safe, every belly full, every heart at peace?
If the answer is no, then their wealth is merely a reflection of their failure to be great men.
Truly superior men and women do not make excuses; they fix the worst problems first.
If this had been done, the news we watch everyday would look vastly different.
Well said on2u. I am grateful for your words of wisdom, there is truth in your words for all to see.
This information refutes the nonsense spewed by some conspiracy theorists that Queen Elizabeth is the worlds richest persons because she holds title to much of the vacant land in Canada and elsewhere.
Those titles are conferred by statute and are therefore held as part of a trust for the people but nonetheless the nonsense is published.
Where are those trillionaires like Rothschilds… just for one… There are now several thanks to the fed reserve.
What Forbes fails to mention is that there is at least one trillionaire. That’s Rothschild in the UK. I surmise that Forbes thinks that we think that a billionaire is the richest in the world, but that’s not the case at all.
Thank the private corporations like the irs and fed and the banksters who own the aforementioned, the Cabal with gv help that enabled them to loot the masses of just about everything we worked for and thru fraud and lies transfer the wealth to themselves and their friends, family and sold out government politicians who pass a ton of unconstitutional fake laws to steal the wealth of billions worldwide.
http://www.topix.com/forum/afam/TCEL6H6L79C279EVA
Is this a story about the richest in the world, or is it a story about how the richest achieved their riches?
To be rich is one thing, but how one achieved their riches is another.
To achieve riches from one’s own hard work is one thing, but to do so because of political or corporate influences, is a whole other thing.
The difference is big!
“Free riding on our grandkids.” They actually said it with no problem. F k them.
The end of surveillance: https://www.indiegogo.com/projects/the-end-of-watching . We can change the world.