Five years ago it took 388 people to make that happen.In five years, the amount of wealth that has soared to the top 1% of the population has increased dramatically and is showing no signs of slowing down.
To qualify as being part of the richest 1/2 of the total population you only had to make $4400 a year.
To put this into perspective,
these 62 people have more wealth than 3 BILLION people put together.
Just 62 people own as much wealth as the poorer half of the global population, a new report reveals, as the widening of the gap between the rich and poor accelerates.
As the business elite converge on Davos for the World Economic Forum, an Oxfam report shows wealth is becoming further concentrated, with the number of people owning the same amount as the bottom half of humanity falling from 388 to 62 in five years.
It says a "broken" economic model underpinned by deregulation, privatisation and financial secrecy has seen the wealth of the richest 62 people jump by 44 per cent in five years to $1.76 trillion.