The rich/poor gap is widely recognized as one of the most urgent problems, if not the single biggest threat to global economy. The past quarter of a century has seen wealth become ever more concentrated in the hands of fewer people. Today, one percent of the world’s families own almost half –46%– of the world’s wealth, with world’s 85 richest folks holding wealth equal to that of half the planet’s poorest people.
Massive concentration of economic resources in the hands of fewer people presents a real threat to inclusive political and economic systems. Left unchecked, political institutions are undermined and governments overwhelmingly serve the interests of economic elites – to the detriment of ordinary people.
In case you are curious, here you can see who the 85 richest are.