THE first trillionaire is likely to emerge in the next decade as the rich become richer and the poor end up even poorer, Oxfam has warned.
The world's five wealthiest people have more than doubled their fortunes to £677billion since 2020 while the poorest 60%, almost five billion, have actually lost money.
This yawning gap between haves and have-nots is likely to grow with poverty not eradicated for another 229 years should current trends continue, the charity's report claims.
Trillionaire status would be gained when a person's fortune hits one thousand billion US dollars, making them as wealthy as Saudi Arabia.
As the planet's wealthiest gather this week in Davos, Switzerland, for the annual World Economic Forum of politicians, executives and the superrich, the report Inequality Inc highlights a stark increase in imbalance since the pandemic.
Bu hikaye Daily Express dergisinin January 16, 2024 sayısından alınmıştır.
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Bu hikaye Daily Express dergisinin January 16, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
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