Richest 1% of the world

‘Richest 1% grab two-thirds of new $42 trillion created since 2020’

The richest 1 per cent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 per cent of the world’s population holds, reveals a new Oxfam report today.

January 16, 2023
January 16, 2023

‘Richest 1% grab two-thirds of new $42 trillion created since 2020’

The richest 1 per cent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 per cent of the world’s population holds, reveals a new Oxfam report today.