Richest 1 Percent To Own More Than Half Of The World's Wealth By 2016, Oxfam Finds....Drill down the numbers even more and you'll learn that the 80 wealthiest people in the world possess $1.9 trillion

The Huffington Post |  By Jade Walker Email Posted: 01/19/2015 6:56 am EST 

The rich keep getting richer, and by next year, just a handful of the upper-class will have accumulated more than half of the world's wealth.

A new report released on Monday by Oxfam warns that this deepening global inequality is unlike anything seen in recent years.

Using research from Credit Suisse and Forbes' annual billionaires list, the anti-poverty charity was able to determine that the richest 1 percent of the world's population currently controls 48 percent of the world's total wealth.If trends continue, Oxfam predicts that the most-affluent will possess more wealth than the remaining 99 percentby 2016, The New York Times reported.

Drill down the numbers even more and you'll learn that the 80 wealthiest people in the world possess $1.9 trillion, which is almost the same amount shared by some 3.5 billion people at the bottom half of the world's income scale.

Thirty-five of the lucky 80 were Americans with a combined wealth of $941 billion. Germany and Russia shared second place, with seven uber-rich individuals apiece. more