"The Growing Wealth Gap: Trillionaires on the Horizon"

TL;DR Summary
Oxfam International warns that the world is entering a "decade of division" as the wealth of the five richest men has doubled since 2020, while nearly 5 billion people have become poorer, exacerbated by the pandemic and geopolitical events. The organization predicts the possibility of a trillionaire within a decade, highlighting the urgent need for measures to address global inequalities, including permanent taxation of the wealthiest, effective taxation of big corporations, and a renewed drive against tax avoidance.
Topics:world#global-economics#global-inequality#oxfam-international#trillionaire#wealth-disparities#world-economic-forum
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- How The Wealthy Becoming Richer While The Poorer Are Getting Poorer | NewsMo India Today
- The world’s 5 richest people, from Elon Musk to Jeff Bezos to Warren Buffett, doubled their wealth to $869 billion since 2020, report finds Fortune
- Looking for trillions: Oxfam believes trillionaires are a decade away. Could they be already around? Times of India
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