22.01.2018 - 04:27 [ BBC ]

‚World‘s richest 1% get 82% of the wealth‘, says Oxfam

Oxfam‘s report is based on data from Forbes and the annual Credit Suisse Global Wealth datebook, which gives the distribution of global wealth going back to 2000.

The survey uses the value of an individual‘s assets, mainly property and land, minus debts, to determine what he or she „owns“. The data excludes wages or income.

The methodology has been criticised as it means that a student with high debts, but with high future earning potential, for example, would be considered poor under the criteria used.