Wealth of world's 10 richest men doubled in pandemic, Oxfam says

  • 📰 BBCNews
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Qulity Score:
  • News: 18%
  • Publisher: 97%

Covid-19 has made the rich richer while poverty has increased, the charity Oxfam says.

United Kingdom Headlines News

United Kingdom Latest News, United Kingdom Headlines

This week's discussions will include the likely future path of the pandemic, vaccine equity and the energy transition.

While collectively their wealth grew from $700bn to $1.5tn, there is significant variation between them, with Mr Musk's fortune growing by more than 1,000%, while Mr Gates' rose by a more modest 30%.Oxfam's report is based on data from the Forbes Billionaires List and the annual Credit Suisse Global Wealth report, which gives the distribution of global wealth going back to 2000.

Oxfam also says that due to the fact prices have risen during the pandemic, it has adjusted for inflation using the US Consumer Price Index (CPI), which tracks how fast the cost of living has is increasing over time. Ethnic minority groups have been hardest hit by Covid, including UK Bangladeshis and the US's black population

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Which is why they want to sabotage Faci and Biden’s attempts to arrest the pandemic.

Wealth and opportunity gravitate - age old economics!

Well done Oxfam. You beg for money from the rich and poor. We thought you were doing charity work until we read how much you paying your top guys. Huge money. Should we talk about that instead. Elon sells cars. You?

I’m British citizen stuck in Afghanistan under uncivilized regime without food, shelter and security. PenFarthing and Ben slater got out of here. We could of been on that plane too. But govt doesn’t care about us. Don’t know why is that.

2 of them shot themselves off into space. That’s how they laugh at us mugs.

In fact all hope was lost until I met him, this amazing manager who changed my life within one week, My friends i will forever be grateful to Mr Josh for helping me recovered all my losses. I earn $8000 weekly. Email :: mendjosh50gmail.com WhatsApp Number :: +1 567-321-0200

Frankly, Oxfam's opinion on anything is rather irrelevant since a particular scandal occured.

They may well have done, but they didn't have their staff shagging youngsters in crisis hit areas.

Strange that, while they get fatter at the other end, people got poorer like the families in lockdown could not afford Internet connections or have laptops so kids could learn at home. Food banks, poor social housing and a high death toll from covid.

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

World’s 10 richest men see their wealth double during Covid pandemicOxfam calls for windfall tax as 99% of world population takes a pay cut while top 10 incomes grow by $1bn a day 15 Highest paid world leaders and presidents in 2021 - Annual salary - age we're fkd. We no longer have democracies, we're slipping back into a feudal system. Turns out the 10 richest men are good at making money
Source: Guardian news - 🏆 28. / 68 Read more »

Fortunes of world’s 10 richest men more than doubled in pandemic, Oxfam claimsAnti-poverty group Oxfam calls for governments to impose one-time 99% tax on world’s billionaires And their employees still suffer as always 🤦 We are supplying Medical, Surgical, FMCG & Solar Products at the least price to our customer's orders. we supply for all projects and Donations of companies & Trust's (NGO'S) up to $1 USD Billion. If any need kindly contact in cell:+91-9952887012, email: SSCSIPL18GMAIL.COM If Oxfam say it, it's not a claim, it's a statement of fact. Who told you to cast doubt and write 'claim'?
Source: The Independent - 🏆 80. / 59 Read more »

Fortunes of world’s 10 richest men more than doubled in pandemic, Oxfam claimsAnti-poverty group Oxfam calls for governments to impose one-time 99% tax on world’s billionaires And their employees still suffer as always 🤦 We are supplying Medical, Surgical, FMCG & Solar Products at the least price to our customer's orders. we supply for all projects and Donations of companies & Trust's (NGO'S) up to $1 USD Billion. If any need kindly contact in cell:+91-9952887012, email: SSCSIPL18GMAIL.COM If Oxfam say it, it's not a claim, it's a statement of fact. Who told you to cast doubt and write 'claim'?
Source: The Independent - 🏆 80. / 59 Read more »

World’s 10 richest men see their wealth double during Covid pandemicOxfam calls for windfall tax as 99% of world population takes a pay cut while top 10 incomes grow by $1bn a day 15 Highest paid world leaders and presidents in 2021 - Annual salary - age we're fkd. We no longer have democracies, we're slipping back into a feudal system. Turns out the 10 richest men are good at making money
Source: Guardian news - 🏆 28. / 68 Read more »

Better sick pay, testing and ventilation: Labour’s Covid plan to keep UK openParty aims to weaken Johnson’s attempts to take credit for handling of the pandemic with its 10-point strategy So they plan on treating covid and all that comes with it forever? So vaccine passports to travel, without applying pressure on other countries, forced costs for business, forced mandates and requirements for citizens, etc. forever? And they think this makes them win?
Source: Guardian news - 🏆 28. / 68 Read more »

Covid-19: Week of thanks to Bristol NHS staff beginsPeople are sending personalised messages to hospital staff for their efforts during the pandemic. Lots of good things about Bristol. Just a thought, are the unvaccinated Nurses, Drs and other staff being thanked. TogetherDeclaration NoMandatoryVaccine COVID
Source: BBCNews - 🏆 3. / 97 Read more »