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The richest 1 percent of the population will own more than half the world's wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos, Switzerland.

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                    [AuthorName] => Danica Kirka
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PRESIDENT BARACK OBAMA AND INTERNATIONAL MONETARY FUND

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Oxfam: Richest 1 percent sees share of global wealth jump

By Danica Kirka | January 20, 2015 - 3:49am

The richest 1 percent of the population will own more than half the world's wealth by 2016, Oxfam International said in a report released as the World Economic Forum begins in Davos, Switzerland.

World