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World's 85 richest people own nearly half of global wealth: Oxfam
20 Jan 2014, 05:04 PM IST i

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A tiny elite comprising the richest 85 individuals holds wealth equivalent to that owned by the bottom half of the world's population, according to a report by worldwide development organisation Oxfam.
The report, titled 'Working for the Few', published ahead of the World Economic Forum meet in Davos, details the impact that widening inequality is having in both developed and developing nations.
"Wealthy elites have co-opted ...
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