Anti-poverty organization Oxfam has projected that the richest 1 percent of citizens will control more than half of the world's wealth by 2016.
The projections come as part of a new study on global inequality, designed to highlight the widening gulf between the world's poorest citiziens and richest citizens. According to Oxfam, the 80 wealthiest people in the world control $1.9 trillion — almost the same amount controlled by the 3.5 billion people on the bottom of the world income scale.
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