Do you have an extra $20? You could end poverty for one person according to a new report by international rights group and charity Oxfam. On Jan. 20, Al Jazeera cheered about this new study. Both Oxfam and al Jazeera failed to actually work out the math of this new claim to realize how ridiculous this “study” actually was.
Al Jazeera claimed that with the income of the world’s 100 richest billionaires, it would be enough to “end world extreme poverty four times over.” So let’s do the math, since Al Jazeera and Oxfam refused to do it for themselves.