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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 world's first trillionaire is likely to be seen in the next decade as the rich get richer and the poor get poorer, Oxfam has warned.
The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities.
The wealth of the world's five richest men — Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Warren Buffett — has more than doubled since 2020.
Oxfam says the gap between the super-rich and the bulk of the global population has been ‘supercharged’ since the coronavirus pandemic