Jan. 15 (UPI) --The world's five richest men more than doubled their fortunes from $405 billion to $869 billion since 2020, while almost 5 billion people around the world became poorer, according to a ...

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You may have seen the headlines from Davos, Switzerland, where Oxfam’s latest global inequality report found the world’s richest 62 billionaires have as much wealth as the poorest 3.6 billion people.

Nine out of 10 people in dozens of poor nations could miss out on getting vaccinated against COVID-19 next year because rich countries have hoarded far more doses than they need, campaigners said on ...

In the face of an unending pandemic, war and inflation, the wealthiest people and multinational corporations on the planet became “dramatically richer,” driving an “explosion of inequality,” according ...

Income inequality is so now lopsided that eight men now own the same amount of wealth as the poorest half of the world. A top corporate CEO earns as much in a year as 10,000 garment factory workers in ...

Billionaires' wealth grew three times faster in 2024 than the previous year, anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's ...

The rich are getting richer. The combined wealth of the world’s most wealthy rose to $15 trillion from $13 trillion in just 12 months, according to Oxfam’s latest annual inequality report — notching ...

Global inequality is “out of control” because of biased economic systems that exclude many women while allowing billionaires to amass huge fortunes that do little for society, according to Oxfam ...