poorest half

Read news on poorest half with our app.

Read more in the app

Right now, the eight richest people in the world own as much wealth as the poorest half of the global population. People in richer and more equal societies are more likely to think that having too much money is wrong. To some people, extreme wealth is unpleasant or upsetting.

Just 0.001% hold three times the wealth of poorest half of humanity, report finds. Fewer than 60,000 people control three times as much wealth as the entire bottom half of humanity, according to a report that argues global inequality has reached such extremes that urgent action has become essential.