Wednesday, June 14, 2017

Five Men Now Hold as Much Wealth as Half of the World's Population Combined

A new analysis of 2016 data shows that five men now possess as much wealth as half of the world’s population combined. The five men—Microsoft founder Bill Gates, Spanish businessman Amancio Ortega, Amazon founder Jeff Bezos, American investor Warren Buffett and Mexican telecommunications tycoon Carlos Slim—combined hold $400 billion. Slim is a major shareholder in The New York Times, while Bezos owns The Washington Post.

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