The world’s 10 richest men have more than doubled their fortunes to $1.9 trillion, at a rate of $1.6 billion a day, over the past 12 months, proving elites have largely been spared the misery and financial ruin inflicted on so many by endless enforced lockdowns.
A confederation of charities that focus on alleviating global poverty, Oxfam said members of the globalist financial elites saw their wealth rose more during the pandemic more than it did the previous 14 years, when the world economy was suffering the worst recession since the Wall Street Crash of 1929.
These are some of the main points from Oxfam’s latest report, Inequality Kills, which has been released as global business leaders meet virtually this week for the World Economic Forum (WEF) in Davos, Switzerland.
Forbes listed the world’s 10 richest men as: Tesla and SpaceX chief Elon Musk, Amazon’s Jeff Bezos, Google founders Larry Page and Sergey Brin, Facebook’s Mark Zuckerberg, former Microsoft CEOs Bill Gates and Steve Ballmer, former Oracle CEO Larry Ellison, U.S. investor Warren Buffet and the head of the French luxury group LVMH, Bernard Arnault.
The Oxfam report follows a December 2021 study by the group which found that the share of global wealth of the world’s richest people soared at a record pace during the pandemic.