Oxfam predicts first trillionaire within a decade, with gap between rich and poor likely to increase
  • fmstratAEnglish
    11•5 months ago

    It’s put very simply here:

    The world’s five richest men have more than doubled their fortunes to $869bn (£681.5bn) since 2020, while the world’s poorest 60% – almost 5 billion people – have lost money.

    … the world’s billionaires were $3.3tn (£2.6tn) richer than in 2020, and their wealth had grown three times faster than the rate of inflation.