Richest 1% Took 2/3rds of Global Wealth Since 2020

In the past decade, the richest 1% of people on Earth sucked up half of all new wealth. In 2020 and 2021, the richest 1% took nearly two-thirds of all new wealth – six times greater than the wealth made by the poorest 90% of the global population.

“Since 2020, for every dollar of new global wealth gained by someone in the bottom 90%, one of the world’s billionaires has gained $1.7 million”, wrote Oxfam. In the meantime, global poverty is getting worse, not better…

https://scheerpost.com/2023/01/19/richest-1-took-2-3rds-of-global-wealth-since-2020-twice-as-much-as-99-of-population-earned/