News & Politics

Billionaires Earned Enough in 2017 to End World Poverty Seven Times Over

As much as 82 percent of the wealth created across the globe went to the 1 percent.

Photo Credit: Zurijeta/Shutterstock

Last year, the world's billionaires made over $462 billion combined, enough money to end extreme poverty around the globe seven times over. With a new billionaire added to the list nearly every two days, wealth inequality widened, according to a new report from Oxfam. Forty-two of the richest people in the world now hold as much…