8 men own the same wealth as the 3.6 billion people who make up the poorest half of humanity. That’s according to a report published yesterday by Oxfam to mark the annual meeting of political and business leaders in Davos. AN ECONOMY FOR THE 99 PERCENT Oxfam’s report, ‘An Economy for the 99 Percent’, shows that the gap between rich and poor is far greater than had been feared. It details how big business and the super-rich are fuelling the inequality crisis by dodging taxes, driving down wages and using their power to influence politics. It calls for a fundamental … ‘Click here to read full article…’
Fin24 published a fascinating article, this past week, showing where South Africa’s super rich, worth more than R300million each, have their homes. This does not include holidays homes or those of foreigners. Despite that filter, the local results are astounding.'Click here to read full article...'