The combined fortunes of the world's five richest men, including Elon Musk, Jeff Bezos, and Warren Buffett, have more than doubled since 2020, reaching $869 billion last year. This staggering increase, at a rate of $14 million per hour, contrasts starkly with the financial decline experienced by nearly five billion people globally. Oxfam's analysis highlights the widening wealth gap, with the richest 1% owning 43% of all global financial assets. The report warns of the potential emergence of the world's first trillionaire within a decade, underscoring the urgency for governments to address income inequality and resist the ultra-rich's influence over tax policy.
The world might see its first trillionaire sooner than you think. And that puts a spotlight on today's richest 1%. https://t.co/VgXIDKoHdX
The world’s 1st trillionaire could emerge in the next 10 years. Here are some of the richest 1%: https://t.co/hELIwIoub1 https://t.co/SS2XV8jCu1
World's 1st trillionaire could emerge in next 10 years. Here are some of the richest 1% https://t.co/0wW4mKtT1v
A new @Oxfam report worries that the world may soon have its first trillionaire. Good. https://t.co/YteNR6Axsr
Governments' inaction to tackle extreme wealth has reached a point that the super rich themselves are urging them to get taxed more. 260 millionaires & billionaires signed @PatMillsUK's letter urging global leaders gathering in Davos to implement a tax on extreme wealth. https://t.co/kgHGDbNGyi
First trillionaire will appear by 2034 – charity As the net worth of the globe's wealthiest surges, billions of people have become poorer, according to a report by Oxfam Details: https://t.co/A3DhtfS92o https://t.co/Qn8ZgvtQxx
Who will be the world's first trillionaire? https://t.co/rpmdnHEpgt
Mega-rich renew call on global leaders at Davos to 'tax our extreme wealth' https://t.co/2OvwK0QzW2
Tax our wealth, super-rich tell politicians. More than 250 billionaires and millionaires are demanding those at the World Economic Forum in Davos introduce wealth taxes to help pay for better public services. Wealth taxes can restore public services and public sector pay. https://t.co/FthscqD6mU
Mega rich renew call on global leaders at Davos to 'tax our extreme wealth' https://t.co/2RrjHy8wXm
The world's five richest men have added $14 million to their wealth every hour since 2020. If that doesn’t convince you wealth inequality is out of control, I don’t know what will.
The World Could Get Its First Trillionaire Within 10 Years https://t.co/UW0hnaaV6E
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, according to @Oxfam https://t.co/cJaVfIr7a2
The world could get its first trillionaire within a decade, anti-poverty group Oxfam says | Click on the image to read the full story https://t.co/5pLJH2fUsO
An anti-poverty advocacy group is predicting that the world could see its first trillionaire in the next decade, as the wealthy’s gap with the poor continues to widen. https://t.co/r2qxF4KGsG https://t.co/QbM7eTD3TP
This is why I've long campaigned for a Wealth Tax. ⬆️ The world’s five richest men have doubled their wealth to £681 BILLION since 2020 ⬇️ While the wealth of the world’s poorest 60% – almost 5 billion people – has fallen Our system is rigged. It's time to tax the super-rich!
Oxfam has released a report analysing the wealth of individuals and countries around the world. Here’s 5⃣ shocking facts 👇
Oxfam has released a report analysing the wealth of individuals and countries around the world. Here’s 9⃣ shocking facts 👇
The Talk panel discuss the news that the combined fortunes of the world’s five richest men, including Elon Musk, Jeff Bezos and Warren buffet, has doubled since 2020. “An awful lot of financial power in the hands of a few people.” @daisymcandrew | @EJWoolf | @iancollinsuk https://t.co/uHZGoWnEie
'I don't think we need trillionaires in this world' Oxfam says the first trillionaire could arrive within the decade - is this good or bad news for society? https://t.co/lwlxH4HL09
World’s first trillionaire could be crowned within a decade https://t.co/kcUrMSFJl6
RICH GET RICHER: While the top five billionaires have doubled their wealth, nearly 5 billion people have become poorer. And there's no end in sight for that trend. https://t.co/1c0OPBGo93 https://t.co/1c0OPBGo93
The world's first trillionaire could be crowned within a decade https://t.co/NVNWpJ9dXh
The world could get its first trillionaire within 10 years. https://t.co/aSjesgb3uj Click the image to read more:
🚨NEW: The world’s five richest men have DOUBLED their fortunes while the world’s poorest 60% – GOT POORER 🛑 We can’t go on like this - and there is another way 📖 My new book sets it out: 5 ways to share the future. And what happens if we fail: Order here:… https://t.co/FXXf0MZgRN
The world could get its first trillionaire within 10 years https://t.co/T8sOEL17Ou
The world may have its first trillionaire by 2034. Income inequality has soared since 2020, warns a new report from Oxfam International, urging governments to take action. https://t.co/U9KBEsmhHk
NEW: World’s five richest men doubled their fortunes since 2020: Oxfam https://t.co/ix46u1q8bS
Just what the world needs .... The World Could Get its First Trillionaire Within 10 Years, Anti-Poverty Group Oxfam Says The fortunes of the five richest men — Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Warren Buffett — have spiked by 114% in real terms since…
🔸 WEALTH OF FIVE RICHEST MEN DOUBLES SINCE 2020, AS WEALTH OF FIVE BILLION PEOPLE FALLS The world’s five richest men have more than doubled their fortunes from $405 billion (£321 billion) to $869 billion (£688 billion) since 2020, while the wealth of the poorest 60 per cent -…
The World Could Get its First Trillionaire Within 10 Years, Anti-Poverty Group Oxfam Says https://t.co/fwzRdCWq3e
The world could get its first trillionaire within 10 years, anti-poverty group Oxfam says https://t.co/HRGeGrIIeF
Who are the world's richest men who doubled their fortune since the pandemic? https://t.co/8Pkrqm8ZMR
World's five richest men have doubled their wealth since 2020, report finds https://t.co/8PB3g4uOuJ
The world could get its first trillionaire within 10 years, given the top five billionaires doubled their wealth since 2020: Oxfam https://t.co/GZnjafqA8E
World's 5 Richest Men Who Doubled Wealth Since 2020. All You Need To Know https://t.co/QonwUAKedm https://t.co/cXGkl5h6Vs
The world’s richest men, including Elon Musk and Jeff Bezos, more than doubled their fortunes in just three years to more than £680 billion, an Oxfam report reveals https://t.co/lYBVyXRRyL
The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International says in its annual assessment (via AP) https://t.co/qOHkHRepOz
The world's five richest men have more than doubled their fortunes to £688bn in three years - while the wealth of the poorest 60% has fallen, according to Oxfam Read more 🔗 https://t.co/bCFO0X8icW
The wealth of the world’s five richest men more than doubled since 2020. At the same time, nearly 5 billion people globally have become poorer. The world’s richest 1% own 43% of all global financial assets. https://t.co/cDsLy1o4vP
A report by Oxfam claimed that in the same period, five billion people across the world have been made poorer.
The world could soon have its first trillionaire as inequality worsens, Oxfam reports https://t.co/cJaVfIr7a2
So much for ‘trickle down economics’ * The world's 5 richest men have more than doubled their wealth to £688bn in 3 years * The wealth of the poorest 60% has fallen,(Oxfam)
Combined fortunes of the world's five richest men including Elon Musk, Jeff Bezos and Warren Buffett 'has DOUBLED to $869billion since 2020' https://t.co/OOjjZfiUGq https://t.co/CDkt2B7BLD
Oxfam Report: World's richest five double their wealth while five billion people globally experience decline in their financial status https://t.co/mX3nYPerKr
AS DAVOS CROWD GATHERS, GOVERNMENTS URGED TO REIN IN 'BILLIONAIRE CLASS' (Reuters) The combined fortunes of the world's five richest men have more than doubled to $869 billion since 2020 while five billion people have been made poorer, anti-poverty group Oxfam said. https://t.co/1VtPPlEXdm
The five richest men in the world have more than doubled their fortunes since 2020, the charity Oxfam reports. Yet since 2020, nearly five billion people worldwide have grown poorer, Oxfam says https://t.co/PbevFTDdJe https://t.co/qgaHpXvCsW
🚨 NEW: The world’s five richest men have DOUBLED their fortunes while the world’s poorest 60% – GOT POORER https://t.co/zBeEZtviQj 🛑 We can’t go on like this - & there is another way 📖 My new book sets out the big 5 ways to fairly share the future: https://t.co/K9Nj24AANW
The world’s five richest men have doubled their fortunes since 2020, according to a new report from the charitable organization Oxfam. https://t.co/KBwkLhbFBj
The world’s wealthiest five men have more than doubled their fortune since 2020, the charity #Oxfam says, as it calls on nations to resist the ultra-rich’s influence over tax policy. https://t.co/h7as5uhgXa
The world’s five richest men have more than doubled their fortunes to $869bn (£681.5bn) since 2020, while the world’s poorest 60% – almost 5 billion people – have lost money https://t.co/jtxyffpTxv
Oxfam warns of first trillionaire. The 5 richest men saw their fortunes rise by 114% between Mar 2020 and Nov 2023, Oxfam found. This elite group's net worth rose to $869bn from $405bn between 2020 and 2023, the organization said - translating to $14mln an hour. https://t.co/LQhYdK4BdJ
Forget billionaires; soon the world will have its first trillionaire. The richest are getting richer so fast that Oxfam forecast within a decade at least one man (and it will be a man) will be worth $1,000,000,000,000 https://t.co/14qQmEY3fi
The world's five wealthiest men have more than doubled their wealth since 2020, while five billion people have been made poorer, according to a new Oxfam report. https://t.co/LHemxbRUlx
Oxfam has reported that the combined fortunes of the world's five wealthiest men have soared from $405 billion in 2020 to a staggering $869 billion last year. https://t.co/WXu7hwjD7K
The wealth of the world’s five richest men more than doubled since 2020 | At the same time, nearly 5 billion people globally have become poorer, as they contend with inflation, war and the climate crisis. https://t.co/PqVnYcyByr
World's richest men 'double their wealth' - as Oxfam warns of first trillionaire https://t.co/gqNwo4mvcb
This should be illegal. The wealth of the world’s five richest men more than doubled since 2020 | CNN Business https://t.co/ckylEX61lH
“The world's five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer." https://t.co/UtaYncbv6a
Since 2020, 5 Richest Have Doubled Wealth, 5 Billion Have Become Poorer https://t.co/RI3leqCmb2 https://t.co/EVONOmWgUZ
World’s five richest men double their money as poorest get poorer https://t.co/qZh0pGRFWM
“The wealth of the three richest Australians has more than doubled since 2020 at a staggering rate of $1.5 million per hour, new Oxfam analysis reveals.” https://t.co/V3d7nKLlJg