These 8 men have as much money as the world's poorest half


If you need a startling statistic to put into perspective the growing gap between the world's rich and the world's poor, consider this: The world's richest eight people hold as much wealth as the world's poorest half. That's the take-home message from a new report from anti-poverty organization Oxfam, which found that the money amassed by these few super-wealthy individuals equals that of the world's 3.6 billion poorest individuals.
The eight richest people, all men, are listed below, in order of net worth:
Bill Gates, Microsoft founder, $75 billion
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Amancio Ortega Gaona, Spanish founder of the fashion company Inditex, $67 billion
Warren Buffett, chairman of Berkshire Hathaway, $60.8 billion
Carlos Slim Helú, Mexican telecommunications magnate, $50 billion
Jeff Bezos, Amazon founder, $45.2 billion
Mark Zuckerberg, founder and CEO of Facebook, $44.6 billion
Lawrence Ellison, founder of Oracle, $43.6 billion
Michael R. Bloomberg, former mayor of New York and founder of Bloomberg L.P., $40 billion
World and business leaders are meeting this week in Davos, Switzerland, and Oxfam released the report in an attempt to urge these leaders to do more about the growing income gap. "It is obscene for so much wealth to be held in the hands of so few when 1 in 10 people survive on less than $2 a day," said Winnie Byanyima, executive director of Oxfam International. "Inequality is trapping hundreds of millions in poverty; it is fracturing our societies and undermining democracy."
In 2015, a similar report found 62 people held as much wealth as the bottom half.
Editor's note: This article originally mischaracterized the nature of the findings in the Oxfam report and has since been corrected. We regret the error.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Jessica Hullinger is a writer and former deputy editor of The Week Digital. Originally from the American Midwest, she completed a degree in journalism at Indiana University Bloomington before relocating to New York City, where she pursued a career in media. After joining The Week as an intern in 2010, she served as the title’s audience development manager, senior editor and deputy editor, as well as a regular guest on “The Week Unwrapped” podcast. Her writing has featured in other publications including Popular Science, Fast Company, Fortune, and Self magazine, and she loves covering science and climate-related issues.
-
5 triple threat cartoons about Trump's third term
Cartoons Artists take on the 22nd Amendment, Barack Obama, and more
By The Week US Published
-
School disputes: a police matter?
Talking Point Cowley Hill lodged a police complaint against parents who criticised its recruiting process for a new head
By The Week UK Published
-
The Subantarctic: wild islands far south of New Zealand
The Week Recommends Far from the usual tourist crowd, these remote islands showcase stunning wilderness and amazing animals
By The Week UK Published
-
Markets notch worst quarter in years as new tariffs loom
Speed Read The S&P 500 is on track for its worst month since 2022 as investors brace for Trump's tariffs
By Peter Weber, The Week US Published
-
Tesla Cybertrucks recalled over dislodging panels
Speed Read Almost every Cybertruck in the US has been recalled over a stainless steel panel that could fall off
By Justin Klawans, The Week US Published
-
Crafting emporium Joann is going out of business
Speed Read The 82-year-old fabric and crafts store will be closing all 800 of its stores
By Peter Weber, The Week US Published
-
Trump's China tariffs start after Canada, Mexico pauses
Speed Read The president paused his tariffs on America's closest neighbors after speaking to their leaders, but his import tax on Chinese goods has taken effect
By Peter Weber, The Week US Published
-
Chinese AI chatbot's rise slams US tech stocks
Speed Read The sudden popularity of a new AI chatbot from Chinese startup DeepSeek has sent U.S. tech stocks tumbling
By Peter Weber, The Week US Published
-
US port strike averted with tentative labor deal
Speed Read The strike could have shut down major ports from Texas to Maine
By Peter Weber, The Week US Published
-
Biden expected to block Japanese bid for US Steel
Speed Read The president is blocking the $14 billion acquisition of U.S. Steel by Japan's Nippon Steel, citing national security concerns
By Peter Weber, The Week US Published
-
Judges block $25B Kroger-Albertsons merger
Speed Read The proposed merger between the supermarket giants was stalled when judges overseeing two separate cases blocked the deal
By Peter Weber, The Week US Published