The 1% grabbed 82% of all wealth created in 2017
More than $8 of every $10 of wealth created last year went to the richest 1%.
That's according to a new report from Oxfam International, which estimates that the bottom 50% of the world's population saw no increase in wealth.
Oxfam says the trend shows that the global economy is skewed in favor of the rich, rewarding wealth instead of work.
"The billionaire boom is not a sign of a thriving economy but a symptom of a failing economic system," said Winnie Byanyima, executive director of Oxfam International.
(Score: 0) by Anonymous Coward on Saturday January 27 2018, @07:48PM
Just claiming something is irrelevant does not make it so. Take your shitty worldview to the bathroom and flush it where it belongs. Society's welfare is not your primary concern? All you've done is highlight that you're a naive selfish fool.