The World Could Soon Have Its First Trillionaire as Inequality Worsens, Oxfam Reports ...Middle East

The scourge of global poverty is estimated to take more than 200 years to eradicate, but the rich may reach new heights in just a fraction of that time, with the world on track to see its first-ever trillionaire within a decade, anti-poverty organization Oxfam said in a new report on inequality published Monday. The rise of billionaires, which first emerged in 1916, has already raised concerns about systemic exploitation lurking behind the widening wealth gap; some have argued that there is no such thing as good billionaires. [time-brightcove not-tgx=”true”] But despite mounting criticism of extreme wealth, the gap between rich and poor has only widened in recent years. Oxfa

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The World Could Soon Have Its First Trillionaire as Inequality Worsens, Oxfam Reports ...Middle East

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