Mon, 17/01/2022 - 20:12
COVID: World’s 10 richest men see their wealth double during Covid pandemic
The 10 richest men in the world have seen their global wealth double to $1.5tn (£1.01tn) since the start of the global pandemic following a surge in share and property prices that has widened the gap between rich and poor, according to a report from Oxfam
The charity said the incomes of 99% of the world’s population had reduced from March 2020 to October 2021, when Elon Musk, the founder of the electric car company Tesla, and the other nine richest billionaires had been collectively growing wealthier by $1.3bn a day.
It is estimated that by 2030, 3.3 billion people will be living on less than $5.50 per day
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This article was published on 17 January 2022 by the SolFed group in Manchester. Other recent articles:
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