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Top 12 Billionaires Have More Wealth Than Poorest Half: Oxfam Report
US President Donald Trump's policies in particular spurred the fortunes of the ultra-rich, which jumped 16.2 percent in the first year of his second term to $18.3 trillion, Oxfam said in a report released each year ahead of the Davos forum.
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Global CEOs' Pay Rose 50% Since 2019, 56 Times More Than Workers: Report
Noting that the average pay for CEOs in India has reached $2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019.
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UK's Richest 10% Extracted Half Of Wealth From India During Colonialism: Oxfam
The UK extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
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Wealth Of World's Top 1% Grew By $42 Trillion Over The Past Decade: Oxfam
The world's richest one per cent increased their fortune by $42 trillion over the past decade, which is nearly 34 times more than the entire bottom 50 per cent of the world's population, according to a new analysis by Oxfam.
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Income Inequality Up In 60% Of Nations With IMF, World Bank Loans: Report
A massive 60 per cent of all countries receiving grants or loans from the International Monetary Fund and World Bank are witnessing high or increasing income inequality, an analysis by Oxfam International has revealed.
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If Elon Musk, Jeff Bezos Spend $1 Million Daily, Their Wealth Will Be Exhausted In 476 Years: Report
Oxfam further said that men globally own $105 trillion more wealth than women, and raised concern that the world's richest one per cent own 43 per cent of all global financial assets.
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Billionaires Boom While Billions Fall: Oxfam Exposes Widening Global Wealth Gap
Oxfam Report Inequality Inc: The number of billionaires has skyrocketed since 2010, more than doubling to 2,489 by March 2023.
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World May Get Its First Trillionaire In A Decade, Here Are 5 Probables
The Oxfam report said that the world's five richest people have more than doubled their wealth since 2020.
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Since 2020, 5 Richest Have Doubled Wealth, 5 Billion Have Become Poorer
The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.
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World's Richest 1% Emit As Much Carbon As Poorest Two-Thirds: Report
The richest one percent of the global population are responsible for the same amount of carbon emissions as the world's poorest two-thirds, or five billion people, according to an analysis published Sunday by the nonprofit Oxfam International.
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Top 12 Billionaires Have More Wealth Than Poorest Half: Oxfam Report
US President Donald Trump's policies in particular spurred the fortunes of the ultra-rich, which jumped 16.2 percent in the first year of his second term to $18.3 trillion, Oxfam said in a report released each year ahead of the Davos forum.
-
Global CEOs' Pay Rose 50% Since 2019, 56 Times More Than Workers: Report
Noting that the average pay for CEOs in India has reached $2 million a year, a new study by research and advocacy group Oxfam said the average pay for global CEOs surged by 50 per cent in real terms since 2019.
-
UK's Richest 10% Extracted Half Of Wealth From India During Colonialism: Oxfam
The UK extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.
-
Wealth Of World's Top 1% Grew By $42 Trillion Over The Past Decade: Oxfam
The world's richest one per cent increased their fortune by $42 trillion over the past decade, which is nearly 34 times more than the entire bottom 50 per cent of the world's population, according to a new analysis by Oxfam.
-
Income Inequality Up In 60% Of Nations With IMF, World Bank Loans: Report
A massive 60 per cent of all countries receiving grants or loans from the International Monetary Fund and World Bank are witnessing high or increasing income inequality, an analysis by Oxfam International has revealed.
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If Elon Musk, Jeff Bezos Spend $1 Million Daily, Their Wealth Will Be Exhausted In 476 Years: Report
Oxfam further said that men globally own $105 trillion more wealth than women, and raised concern that the world's richest one per cent own 43 per cent of all global financial assets.
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Billionaires Boom While Billions Fall: Oxfam Exposes Widening Global Wealth Gap
Oxfam Report Inequality Inc: The number of billionaires has skyrocketed since 2010, more than doubling to 2,489 by March 2023.
-
World May Get Its First Trillionaire In A Decade, Here Are 5 Probables
The Oxfam report said that the world's five richest people have more than doubled their wealth since 2020.
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Since 2020, 5 Richest Have Doubled Wealth, 5 Billion Have Become Poorer
The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam said on Monday, as it called on nations to resist the ultra-rich's influence over tax policy.
-
World's Richest 1% Emit As Much Carbon As Poorest Two-Thirds: Report
The richest one percent of the global population are responsible for the same amount of carbon emissions as the world's poorest two-thirds, or five billion people, according to an analysis published Sunday by the nonprofit Oxfam International.
