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Wealth Of 5 Richest Men Doubled Since 2020; Five Billion People Made Poorer: Oxfam Davos
Credit: Zee News- Published on January 15, 2024
Oxfam said seven of 10 of the world's biggest corporations have a billionaire as a CEO, or principal shareholder.
Video credit: AFP English
Published on January 15, 2024 - 01:21
World's richest five men double fortune since 2020, says Oxfam
The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam says, as it calls on nations to resist the ultra-rich's influence over tax policy. A report from the charity, published as the global elite hobnob at the World Economic Forum (WEF) in Davos this week, said their wealth rose from $405 billion in 2020 to $869 billion last year.
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