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January 20, 2014 3:19 PM

World's richest 85 people have as much as half of globe’s population, Oxfam reports

The world’s richest 85 people control the same amount of wealth as half the world’s population, according to a report issued Monday by the British-based anti-poverty charity Oxfam. That means the world’s poorest 3.55 billion people must live on what the richest 85 possess.

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