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The anti-poverty organization Oxfam International says the fortunes of the five richest men have spiked by 114% in real terms since 2020, when the world was reeling from the pandemic.
Oxfam's interim executive director said the report showed that the world is entering a "decade of division."
International Business News: Discover the latest report by Oxfam International, highlighting the possibility of the world's first trillionaire emerging within a decade. Explore the growing disparities between the super-rich and the global population and the urgent need to address poverty.
DAVOS, Switzerland (AP) — 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. Oxfam, which for years has been trying to highlight the growing disparities […]
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.