According to representatives of the organization, the fortune of the five richest people — Tesla CEO Elon Musk, Bernard Arnault and his family from LVMH, Amazon founder Jeff Bezos, Oracle founder Larry Ellison and investment guru Warren Buffett — has grown by 114% in real terms since 2020.
Oxfam's interim chief executive said the report shows the world is entering a "decade of division."
We have the top five billionaires, they have doubled their wealth. On the other hand, almost 5 billion people have become poorer.
Very soon, according to Oxfam forecasts, within a decade, we will have a trillionaire. And to fight poverty, we will need more than 200 years
Oxfam has proposed measures that should be taken into account in the "fight against inequality" program. These include permanent taxation of the richest people in each country, more efficient taxation of large corporations, and a renewed crackdown on tax evasion.
Recall that currently the richest man on the planet is Elon Musk, his personal fortune is just under $ 250 billion. And the fortune of the five richest people in the world reached $869 billion in November 2023, compared with 340 billion in March 2020.
