Wealth of the worlds 10 richest men has doubled during the Pandemic

raindog

raindog

Winger
www.bbc.co.uk

Wealth of world's 10 richest men doubled in pandemic, Oxfam says

Covid-19 has made the rich richer while poverty has increased, the charity Oxfam says.
www.bbc.co.uk

Inequality Kills: The unparalleled action needed to combat unprecedented inequality in the wake of COVID-19 - Oxfam Policy & Practice

The wealth of the world’s 10 richest men has doubled since the pandemic began. The incomes of 99% of humanity are worse off because of COVID-19. Widening economic, gender, and racial inequalities—as well as the inequality that exists between countries—are tearing our world apart. This is not by...
policy-practice.oxfam.org
 
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"Oxfam's decision to measure the growth from the start of the pandemic, when global share prices plummeted, also skews the findings slightly.

If Oxfam had measured from just before the pandemic began, the growth would have been less pronounced."
 
The worlds gone mad we get a yearly property assessment from our local Government and my house has gone up 40%!

I have no idea how my kids will ever afford to buy a place at this rate its very worrying
 
SurreyMackem said:
"Oxfam's decision to measure the growth from the start of the pandemic, when global share prices plummeted, also skews the findings slightly.

If Oxfam had measured from just before the pandemic began, the growth would have been less pronounced."
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want to finish off what was said.....

If Oxfam had measured from just before the pandemic began, the growth would have been less pronounced.
However, one of the report's authors Max Lawson told the BBC: "If you take the wealth of billionaires in mid-February 2020 instead, we estimate that the increase in the top ten richest men is more like 70% - which would still represent a record breaking increase, and something the like of which we have never seen before."
 
chrismisterx said:
want to finish off what was said.....

If Oxfam had measured from just before the pandemic began, the growth would have been less pronounced.
However, one of the report's authors Max Lawson told the BBC: "If you take the wealth of billionaires in mid-February 2020 instead, we estimate that the increase in the top ten richest men is more like 70% - which would still represent a record breaking increase, and something the like of which we have never seen before."
Click to expand...
Ok

"Wealth of the worlds 10 richest men has increased by 70% during the Pandemic"​

 

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