The 62 richest people in the world now own as much wealth as the poorest 3.5 billion

MIC:

The most shocking statistic in the report, released Sunday, is this: In 2015, a mere 62 people held the same amount of wealth as “the bottom half of humanity” — 3.5 billion people. Identifying the reasons why this is happening is as important as the statistic itself.

Things are getting bad, quickly: In 2010, it took 388 individuals to match the wealth of the bottom half. But in the past five years, wealth has become so concentrated in the hands of the global elite that the number has reduced dramatically.

This story is more than just a little depressing.