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Oxfam inequality report 2024: World’s five richest men doubled their fortunes to $869 billion since 2020

Published : Jan 17, 2024 11:52 IST - 4 MINS READ The combined fortunes of the world’s five richest men have more than doubled to $869 billion since 2020 while five billion people have been made poorer, anti-poverty group Oxfam said. An Oxfam report titled “Inequality Inc.”, which comes as business elites gather between January 15 and 19 for the …

Oxfam

DAVOS, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos. The group said the fortunes of the five richest men — Tesla CEO Elon Musk, Bernard Arnault and …

Five richest men doubled fortunes after 2020, Oxfam says as Davos opens

Charity says billionaires $3.3 trillion richer than in 2020 as annual gathering of business elites take place. The world’s richest five men have more than doubled their fortunes since 2020, the charity Oxfam has said, sounding the alarm about unchecked corporate power as business elites hold their high-profile annual gathering in Davos, Switzerland. The five men are worth a combined …

John Quiggin, The University of Queensland Gathering for their annual World Economic Forum at Davos in Switzerland this week, the world’s business and political elite will be digesting some unpleasant reading courtesy of the aid agency Oxfam International. Oxfam’s annual report on global inequality released this morning shows the wealth of the world’s five richest billionaires has more than doubled …

Oxfam calls for an end to billionaire ‘bonanza,’ says millions are falling into extreme poverty 在世界经济论坛峰开幕之际，全球慈善机构乐施会发布报告称，新冠疫情期间每30个小时就有一位新的亿万富翁诞生，而2022年每33个小时就有近100万人正陷入极度贫困。乐施会建议向大发疫情财的亿万富翁们征税，补贴因生存成本上涨而陷入贫困的民众。 5月11日，顾客在美国纽约一家超市购物。新华社记者王迎摄 A new billionaire emerged every 30 hours during the Covid-19 pandemic, and nearly a million could fall into extreme poverty at around the same rate in 2022. 乐施会指出，截至2022年3月，亿万富翁资产总和达到了12.7万亿美元（约合人民币84.6万亿元）。2021年，亿万富翁的总资产相当于近14%的全球国内生产总值。 Gabriela Bucher, executive director of Oxfam International, said that billionaires were arriving at …