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Sixty-two billionaires now own as much wealth as 'the bottom half of humanity'

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Global inequality is reaching “new extremes,” according to a report released  Monday by Oxfam, an international confederation of organizations working to find solutions to poverty. 

The organization’s annual study of inequality was released just before the start of the the annual World Economic Forum in Davos, Switzerland.

It found that 62 billionaires now own as much wealth as “the bottom half of humanity,” or roughly 3.6 billion people.

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February 12-25, 2016

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