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Richest 1% may own half of global wealth by 2016

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The combined wealth of the world's richest 1 percent could overtake that of the other 99 percent by 2016, according to a report by Oxfam published Monday, as billionaires, politicians and business leaders gather in Davos for the annual World Economic Forum.

Incredible - good to be a billionaire

Gold Dollar

The richest people on the planet got even richer in 2013, adding $524bn to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 300 wealthiest individuals.

Top 1% Control 39% of World's Wealth

Pot Of Gold

The wealthiest 1 percent now control 39 percent of the world's wealth, and their share is likely to grow in the coming years, according to a new report.

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Richest 1% may own half of global wealth by 2016

The combined wealth of the world's richest 1 percent could overtake that of the other 99 percent by 2016, according to a report by Oxfam published Monday, as billionaires, politicians and business leaders gather in Davos for the annual World Economic Forum.

Gold Dollar

Incredible - good to be a billionaire

The richest people on the planet got even richer in 2013, adding $524bn to their collective net worth, according to the Bloomberg Billionaires Index, a daily ranking of the world’s 300 wealthiest individuals.