Since 2020, 5 Richest Have Doubled Wealth, 5 Billion Have Become Poorer ...Middle East

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Since 2020, 5 Richest Have Doubled Wealth, 5 Billion Have Become Poorer
Since 2020, nearly five billion people worldwide have grown poorer, Oxfam said. Davos: The world’s wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called 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 in Davos this week, said their wealth rose from $405 billion in 2020 to $869 billion last year. Yet since 2020, nearly five billion people worldwide have grown poorer, Oxfam said. Billionaires are today $3.3 billion richer than they were in 2020, despite many crises devastating the world’s economy since this de

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