Post link 19 January 2016, 9:20
World's 62 richest people have more money than 3.6bn of the poorest on the planet
Oxfam says David Cameron must tackle the widening global poverty gap by keeping his promises to deal with tax havens
New routemaster bus Haul aboard: Most of the wealth is owned by just a busload of people

07:28, 18 JAN 2016 BY JASON BEATTIE

The 62 richest people on the planet are worth more than the combined wealth of half the world’s population.

And Oxfam says David Cameron must tackle the widening global poverty gap by keeping his ­promises to deal with tax havens.

The charity’s GB chief Mark Goldring, said: “Three years after he made his promise to make tax dodgers ‘wake up and smell the coffee’, it’s time for David Cameron to deliver.”
Bill Gates, the co-Founder of the Microsoft company - $79.2bn

Fortunes of the world’s wealthiest, who could all fit, seated, on a single Routemaster bus, total £1.23trillion – that is more than the combined wealth of Earth’s 3.6 billion poorest.

And the top 10, worth £420billion and all over 60, coul­d ride for free. But it is time the rich stopped getting a free ride from governments, said the charity’s study, aimed at the World Economic Forum of politicians and business leaders in Davos, Switzerland this week.
Mexican tycoon Carlos Slim - $77.1bn

The super-rich got richer by half a trillion dollars last year. But since 2010 the poorest half of the world got poorer by $1trillion (£700billion), a drop of 41%. And an estimated £7.6trillion is stored in offshore accounts to avoid taxes, says Oxfam.

It also says nine corporate ­partners at Davos use tax havens, costing developing nations £70billion a year in lost revenue.
U.S. billionaire investor Warren Buffett - $72.7bn

Mr Goldring added: “World leaders’ concern about the ­escalating inequality crisis has so far not translated into concrete action. In a world where one in nine people go to bed hungry every night, we cannot afford to carry on giving the richest an ever bigger slice of the cake.

CLICK ON IMAGE TO ENLARGE$2_per_day-in-2009.png

“Tackling the secrecy of the UK’s network of tax havens would be a big step towards ending extreme inequality.”
Amancio Ortega, chairman of Spanish global fashion giant Inditex - $64.5bn

Equality Trust director Duncan Exley added: “Inequality, both globally but also in the UK, is now at staggering levels. We know that such a vast gap between the richest and the rest of us is bad for our economy and society.

“We now need our politicians to wake up and address this dangerous concentration of wealth and power.”
David Koch - $42.9bn
Liliane Bettencourt - $40.1bn
Jim Walton, chairman and chief executive officer of Arvest Bank Group Inc - $40.6bn
Producer Christy Walton -$41.7bn

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