Wealth Gap Widens Faster than Anticipated

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The global economy has doubled in just the past 30 years -- but workers are getting a smaller piece of the action than ever.

Photo: Oxfam America

World leaders, international business tycoons and celebrities are gathering in Davos, Switzerland for the annual World Economic Forum -- called the "ultimate ego boost" by Vanity Fair. Coinciding with Davos, the charity Oxfam has released a sobering study. One finding: 62 people at the very top own as much wealth as 3.6 billion people in the rest of the world's economy. Ray Offenheiser is president of Oxfam America.




Warren Olney