Richest 1% grab two-thirds of world’s wealth – Oxfam ...News

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Richest 1% grab two-thirds of world’s wealth – Oxfam
The collective fortunes of the super-rich have been increasing by $2.7 billion a day, a new study shows Over the past two years, the richest 1% have amassed close to two-thirds of all new wealth created in the world, a new report by anti-poverty charity Oxfam revealed on Monday. According to the report, a total of $42 trillion in new wealth has been created since 2020, with $26 trillion or 63% of that being amassed by the top 1% of the super-rich. The remaining $16 trillion was shared among the rest of the world. “A billionaire gained roughly $1.7 million for every $1 of new global wealth earned by a person in the

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