Billionaires have more wealth than 60% of the world population report finds

A new report has found that the world’s billionaires have more wealth in 2153 of 4.6 billion people, it underlines the degree of global inequality. The study Oxfam International released on Monday and called “Time to Care” shows that the number of billionaires has doubled over the past decade. The authors add that these activities were largely accumulated to continue fighting, while the common people, especially poor women. “Being solved the gap between rich and poor it is not without busting conscious political inequality, and few governments have pledged to” Oxfam India CEO Amitabh Behar said in a statement. “Our economies have broken the pockets of billionaires and big business at the expense of ordinary men and women. No wonder they are starting to wonder if millionaires should also be present” The report finds that women who are most affected by the growing equality gap -. About 22 richest men in the world the most money of all women in Africa, for example. In addition, 12.5 billion hours of care work unpaid to do each day for women and girls, Katherine $8.10 per year contributes to the global economy, the report found. Women also make more than three quarters of the unpaid care work, and two third-party payment, the operators do, “said Oxfam. Governments are enough to not tax corporations or the richest people, the report said. Oxfam It found that when the richest 0.5 percent of the world should pay in taxes over the next 10 years, an additional investment that would be like health, education and child care add more than 100 million jobs work is needed in the business world. “governments need to prioritize it is as important as all the other sectors to build its human economy that work for everyone, not just a fortunate few,” said Behar.

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