By Stacy Brown NNPA Senior National Correspondent Bill Cosby said his widely criticized admonition that young Black men should “pull their pants up” was less about fashion...

The systemic bias that has historically failed Black people in the USA is no less evident in Canada. That reality is laid bare in the...

Claude Cummings has been unanimously nominated by the NNPA Executive Committee to receive the NNPA 2025 National Leadership Award for outstanding leadership and achievement...

People in the News

Saturday, September 13, 2025

People in the News

Saturday, September 13, 2025

The wealth of 85 people equal the wealth of HALF the world population

16-Signs-That-The-Rich-Are-Getting-Richer-And-The-Poor-Are-Getting-Poorer-300x300A heartbreaking report was released as Americans pause to honor Dr. Martin Luther King. It shows how far we have to go in truly achieving Dr. King’s dream.

The combined wealth of the world’s richest 85 people is now equivalent to that owned by half of the world’s population – or 3.5 billion of the poorest people – according to a new report from Oxfam.

In a report titled “Working for the Few” released Monday, the global aid and development organization detailed the extent of global economic inequality created by the rapidly increasing wealth of the richest, warning of the major risks it poses to “human progress.”

According to the report, 210 people have become billionaires in the past year, joining a select group of 1,426 individuals with a combined net worth of $5.4 trillion.

Read more on NBCNews.

1 COMMENT

Comments are closed.