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1/22/2017

Topic Reading-Vol.1747-1/22/2017

Dear MEL Topic Readers,
Eight billionaires 'as rich as world's poorest half'
The rich and the poor. Among the factors that divide the world or society, such as gender, race, belief, social class, education, Internet access, wealth is by no means no less influential or substantial than others. And the gap between those who have and don’t has been widening to the level that undermines the validity of democracy.
The combined wealth of the top eight richest people is worth more than the half of the world wealth, and the top 1% of the world population has as much wealth as the rest of the world combined, according to Oxfam, an international confederation of 18 NGOs whose aim is to reduce world poverty. Even if you aren’t one of the top 1% elites, a net worth of $71,600 gets you into the top 10% group.
While the life of the bottom half of the world population is improving gradually, the wealth of the top group is increasing at a speed of sound. Distorted distribution of wealth is surely creating economic inequality, isn’t it?
Enjoy reading and thinking how you could use your mental wealth to help the poor.

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