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The richest 1% of the world's population own 40% of its wealth, according to research by the London GUARDIAN. Of the richest, 37% live in the United States, 27% live in Japan, and 6% live in the United Kingdom. The poorer half own barely 1% of the wealth. According to researcher Duncan Greene, "These levels of inequality are grotesque. It is impossible to justify such wealth when 800 million people go to bed hungry every night."