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The World’s 26 richest people are richer than 3.8 billion other people

A report by Oxfam has spotlighted the growing margin between the rich and poor as it has been revealed that the top 26 billionaires in the world are richer than half of the world’s poorest people or 3.8 billion people. According to the report, Billionaires, who now number a record 2,208, have more wealth than ever […]

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A report by Oxfam has spotlighted the growing margin between the rich and poor as it has been revealed that the top 26 billionaires in the world are richer than half of the world’s poorest people or 3.8 billion people.

According to the report, Billionaires, who now number a record 2,208, have more wealth than ever before and are growing $2.8 billion richer everyday. 

Most of these mega-wealthy are American, according to the Forbes list of billionaires used by Oxfam. The names include Amazon’s Jeff Bezos, Microsoft’s Bill Gates, Berkshire Hathaway’s Warren Buffett and Facebook’s Mark Zuckerberg, who collectively are worth $357 billion, according to Forbes. 

Oxfam recommends that nations tax wealth at fairer levels, raise rates on personal income and corporate taxes and eliminate tax avoidance by companies and the super-rich.

It also advocates providing universal free health care, education and other public services and ensuring that women and girls also benefit. And it suggests investing in public services including water, electricity and childcare to free up women’s time and limit the number of unpaid hours they work.

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Pizza Inn the Bridge at Adjiriganor is giving free Pizza Pies this Christmas season

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Ghanaian Pizza brand, Pizza Inn has opened a new branch in East-Legon and has FREE pizza pies and more to share this christmas season. (more…)

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Watch: Stonebwoy gives update on legal action against Kelvynboy

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Justin Bieber denies sexual assault allegations, plans to take legal action

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Arnold Asamoah Baidoo goes hard at eShun, labels her untrustworthy and a liar

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Regina Daniels is expecting a baby with her billionaire politician husband, Prince Ned Nwoko

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Nigerian actress, Regina Daniels is expecting a baby with her billionaire politician husband, Prince Ned Nwoko. (more…)

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