The richest 62 people have the same amount of wealth as half the world combined

A new study revealed that the wealth of the richest 62 people in the world rose by 44% since 2010

Published January 19, 2016 7:20PM (EST)

Oxfam has analyzed data from Credit Suisse Group (a Switzerland-based multinational financial services holding company) about the global inequality crisis and has released a report. One startling finding is that wealth of the richest 62 people in the world has risen by 44% while wealth of the bottom half of the population has fallen by 41% since 2010. Watch the video above to find out more fascinating and disheartening discoveries. Oxfam also offers extensive solutions to this crisis, which can be found in the full report.


By Peter Cooper

Peter Cooper is a video producer for Salon. He's a creator infused with many passions and can be found on Instagram and Twitter.

MORE FROM Peter Cooper


Related Topics ------------------------------------------

1% Original Video Oxfam Wealth Gap Wealth Inequality