Thursday, January 25, 2018

Master 82% World Wealth, 62 This Person Became Super Rich


© Credit: oxfam international
Oxfam released a report that seemed to "slap" the world economic forum. Sourced from CNBC, Monday (22/1/2018), that there are only 62 super rich in the world alias is not up to 1% who has 82% of the wealth in the world. While half the world population in the poverty line did not experience an increase in revenue last year.

This report makes Oxfam ask WEF to address the widening gap between super rich people and other impoverished residents. Oxfam called global political and business elites gathered to enjoy snow in Davos with an expensive coat, should promote responsive and responsible leadership.

According to Oxfam, all the figures of global political and business elite are "increasingly concentrated" at the peak of wealth. They are like doing tax evasion, ignoring workers' rights, using their business influence to create a policy, which ultimately widens the social inequality.

Oxfam in his research states, the wealth of the billionaires increased an average of 13% per year in the decade from 2006 to 2015. And nine out of 10 of the world's 2043 billionaires are male. Last year, these billionaires experienced an increase in wealth totaling USD762 billion. That amount is considered sufficient to end extreme poverty up to seven times.

The booming global stock market is seen as the main driver of wealth gains among billionaires' financial assets last year. Founder of Amazon, Jeff Bezos experienced an increase in wealth of $ 6 billion in the first 10 days of 2017. As a result, Bezos was crowned as the richest man in the world today.

Oxfam chief executive Mark Goldring called the outcome not a success, but something wrong with the global economy. "The extreme wealth concentration in a few people is not a sign of an advanced economy but something is wrong with the global economic system," he said.

The current global economic system is considered a failure because it makes millions of hard-working people live in poverty. "While the workers are making clothes and making food for us," he continued.

For the past five years, Oxfam has been diligently researching and publishing reports on this subject. In 2017, Oxfam said that 61 billionaires from around the world have money equivalent to 3.6 billion poor people in the world.

So how can Oxfam make such a report? They declare a report made based on "Reward Work, Not Health" referring to Forbes data and Credit Suisse Global Wealth's yearbook, which has detailed the distribution of global wealth since 2000.

The survey assesses the wealth of a person based on the value of individual assets, especially property and land, then less debt they may hold. The data does not include wages and revenues to determine what he considers his own. This methodology has attracted criticism in the past, where with high debt levels and high future earning potential will be classified as poor and rich.

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2 comments:

  1. makin banyaj saja sekarang ini orang yang menjadi kaya
    biarlah asal jangan lupa sedekahnya

    ReplyDelete