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World could see its 1st trillionaire within a decade, Oxfam predicts

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The world’s wealthiest are currently billionaires, and anti-poverty group Oxfam International says we could see the first trillionaire within the next ten years, according to its annual assessment of global inequalities.

This is happening as the elites of the business world and leaders in political circles gather in the Alpine town of Davos, Switzerland for the 54th annual World Economic Forum.

As Global's Anne Gaviola explains, the pandemic effectively turbo-charged the wealth of the planet’s ultra-rich, including Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Warren Buffett.

For more info, please go to https://globalnews.ca/news/10225975/worlds-first-trillionaire-oxfam/

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Category
U.S. & Canada
Tags
global news, Elon Musk, Bernard Arnault
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