The world's eight richest men have as much money as half the world. A new report the charity Oxfam said eight billionaires are as rich as the 3.6 billion poorest people the world. Six the world's richest people are the USA. The richest is Microsoft founder Bill Gates, who is worth $75 billion. Amazon and Facebook founders Jeff Bezos and Mark Zuckerberg both have wealth estimated to be $45 billion. Oxfam's report is called 'An Economy the 99 Per Cent'. Oxfam said: "It shows that the gap rich and poor is far greater than had been feared." It added that businesses and the "super-rich" are creating greater income inequality avoiding tax and paying low wages.
Winnie Byanyima, Executive Director Oxfam International, said: "It is obscene so much wealth to be held the hands so few when 1 10 people survive less than $2 a day. Inequality is trapping hundreds millions poverty." She added that: "Across the world, people are being left behind. Their wages are [not going ] yet corporate bosses take home million-dollar bonuses." She said governments only care big business and a "wealthy elite". Economist Mark Littlewood attacked the report as being unfair. He said: "As an 'anti-poverty' charity, Oxfam seems to be strangely [obsessed] the rich." He said Oxfam should focus ways to boost growth instead complaining the rich.
