42 people hold as much wealth as the 3,7 billion people who make up the poorest half of humanity, according to a new report published by Oxfam. It added that 82% of the global wealth generated in 2017 went to the most wealthy 1%. The report 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. The richest are accumulating wealth at such an astonishing rate that the world could see its first trillionaire in just 25 years. To put this figure in perspective – you would need to spend $1 million every day for 2738 years to spend $1 trillion.
Deep Thought: The Hitchhiker’s Guide to the Galaxy by Garth Jennings, 2005
theguardian.com, Larry Elliott, 22.01.2018
oxfam.org, Anna Ratcliff, 16.01.2017