The gap between the super-rich and the poorest half of the global population is even more stark than previously thought. Allegedly just eight men, from Bill Gates to Michael Bloomberg, own as much wealth as 3.6 billion people.
Oxfam's latest report on wealth inequality describes how a wealthy elite accumulates vast fortunes while the poorest go without. But the charity has been criticized as offering a too simplistic view of the imbalances.
In a big push for corporate social responsibility, billionaire BlackRock CEO calls on S&P 500 companies to acknowledge their societal impact and evolve to fulfill it, or else. Lindsey Rae Gjording reports from New York.
The world's eight richest businessmen own as much wealth as half the world's population combined, according to an Oxfam report. Inequality is "more shocking than ever before," the aid group says.
Global charity Oxfam has published a list of what it believes are the world's worst corporate tax havens. It insisted that big business kept cheating populations out of billions of dollars every year.
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