World’s First Trillionaire Just 10 Years Away as Richest Men Double Their Wealth

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World’s First Trillionaire Just 10 Years Away as Richest Men Double Their Wealth

“This inequality is no accident; the billionaire class is ensuring corporations deliver more wealth to them at the expense of everyone else,” said Oxfam’s interim executive director. Breaking: The wealth of the world’s five richest men more than doubled since 2020 while 5 billion people globally have become poorer. ⁰⁰More on our annual inequality report […]

‘Every Billionaire Is a Policy Failure,’ Says Oxfam as Global Elite Gather in Davos

By on    National/World, World  

‘Every Billionaire Is a Policy Failure,’ Says Oxfam as Global Elite Gather in Davos

Billionaires have seen their wealth skyrocket over the past two years, adding roughly $2.7 billion per day to their fortunes while ordinary people struggle to afford basic necessities. As the world’s corporate and political elite convened in Davos, Switzerland for the first winter World Economic Forum in three years, an analysis published Monday by Oxfam International […]