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Millennials Fall Far Behind as World's Richest 1% Hoard Half of Global Wealth
Anti-poverty advocates on Tuesday implored world leaders to combat the massive wealth gap described in the annual Global Wealth Report released by Credit Suisse, which showed that the world's richest one percent own just over half of the global wealth. "This report highlights the huge gulf between the haves and the have nots—the world's richest one percent own more than everyone else combined while the poorest half of the population share less than a penny of every...