Eight richest men are worth the same as HALF the rest of the world: Their £350billion haul is equal to the wealth of 3.6billion people
- Oxfam study shows the world’s top eight tycoons have amassed £349.8billion
- The planet’s poorest 3.6billion people have the same sum between them
- Bill Gates tops the list with Amancio Ortega second and Warren Buffett third
- Report released to coincide with meeting of global elite in Swiss ski resort Davos
Microsoft founder Bill Gates tops the Oxfam list, with a fortune of £61.6billion.
He is followed by Amancio Ortega, the Spaniard behind fashion chain Zara, who is worth £55billion.
Legendary US investor Warren Buffet is third with £49.9billion.
The report was released to coincide with this week’s meeting of the global elite in the Swiss ski resort of Davos.
The annual gathering of the rich and powerful will see politicians, captains of industry and corporate fat cats rub shoulders with bankers, diplomats and celebrities.
The World Economic Forum, the organisation behind the junket, says it is ‘committed to improving the state of the world’ and insists the meeting will focus on inequality and reforming capitalism.
But critics highlighted the ‘obvious paradox in some of the richest people in the world gathering in luxury to worry about the poor for a few days’.
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