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8 People Own As Much Wealth As 3.6 Billion

8 People Own As Much Wealth As 3.6 Billion


8 people own as much profusion as the half population in the world, which means 3.6 billion owns what is owned by just 8 billionaires. This horror image of capitalism was revealed in Oxfams this year published metaphor during the World Economic Forum in Davos where international leaders are meeting to chat around several issues.

Previously Oxfam believed that 62 people owns as much profusion as half population of world but auxiliary data from china, India and choice countries revealed that the poorest people are more poorer than it was even though.

The gloss titled An Economy for the 99 percent tried to express the gap along together in the middle of wealthy and poor and how economic advancement and the add in GDP is increasing this gap. Previously many additional independent economists raised questions concerning the loads late growth and ensue in GDP as they believed the toting going on and strengthening is for unaccompanied few multinational companies and not for the destitute class of the outfit.

Those eight people are:
  1. Bill Gates: founder of Microsoft
  2. Amancio Ortega: founder of Inditex
  3. Warren Buffett:  CEO and shareholder in Berkshire Hathaway
  4. Carlos Slim Helu: Owner of Grupo Carso
  5. Jeff Bezos: founder, chairman and chief executive of Amazon
  6. Mark Zuckerberg: chairman, chief executive officer, and co-founder of Facebook
  7. Larry Ellison: co-founder and CEO of Oracle
  8. Michael Bloomberg: founder, owner and CEO of Bloomberg LP

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Source:awami web

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