The Oxfam report said that the richest 1% has owned more wealth than the rest of the planet since 2015. In the U.S., the richest 1% control 42% of the wealth.
The report said that seven out of 10 people live in a country where inequality has worsened over the past three decades. And over the past 25 years, the top 1% has gained more income than the bottom 50% put together.
"Far from trickling down, income and wealth are being sucked upwards at an alarming rate," the report said.
There's also a big gender disparity. Of the 1,810 dollar billionaires around the world, 89% are men.
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