Jan 23, 2014
The data used for the graphs was taken from The World Top Incomes Database.
A new report by the non-profit organization Oxfam found that the combined wealth of the world's richest 85 people, or $110 trillion dollars, equals that of the poorest half of the world, some 3.5 billion people.
Worldwide, the top 1 percent controls nearly half the world's wealth. In the United States, the wealthiest 1 percent have captured 95 percent of all economic growth since the financial crisis of 2009, while the bottom 90 percent of people have gotten poorer.
And the wealth gap in the U.S. is greater than almost every other developed country, according to the OECD.
Oxfam is a non-profit group of non-governmental organizations (NGOs) working in 17 countries that works with communities and partners to fight poverty and to restore human rights.