Report says richest 1% will control most wealth by 2016 - 13 views
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The study, published ahead of this week's annual meeting of the World Economic Forum in Davos, Switzerland, suggests that by 2016 the gap between the world's rich and poor will widen to the extent that those at the top of the income pile will control over 50% of total global wealth. That percentage is up from 48% in 2014.
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"The study, published ahead of this week's annual meeting of the World Economic Forum in Davos, Switzerland, suggests that by 2016 the gap between the world's rich and poor will widen to the extent that those at the top of the income pile will control over 50% of total global wealth. That percentage is up from 48% in 2014." According to a study, the richest 1% is expected to own more than half of the world's money by 2016