Billionaires Have More Wealth Than 60% of the World’s Population, Report Finds

A new report found that the world's 2,153 billionaires have more wealth than 4.6 billion people, underscoring the degree of global inequality.

The Oxfam International study, released Monday and dubbed "Time to Care," shows that the number of billionaires has doubled in the past decade. The authors add that these fortunes have largely been amassed while everyday people, especially poor women, continue to struggle.