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Richest 100 earn enough to end poverty four times over!


So, it turns out Bob Geldoff, Bono, and countless charity organisations have been wrong this whole time. Making poverty history doesn’t require the generosity of all, just the mountains of cash hoarded by the top 100 richest people in the world.

According to a new report by the international charity organisation Oxfam, the $240 billion net income of the worlds 100 richest billionaires in 2012 (they are now worth $1.9 trillion, i.e. just a little less than the entire output of the UK), could end global poverty four times over...