Billionaires having ‘terrific pandemic,’ but not so great for 99% of humanity
Did you ever wonder how the rich made out during madness of the coronavirus pandemic, with all of its economic misery and mandated lockdowns?
A new report released Monday by Oxfam says the billionaires of this world are having “a terrific pandemic.”
The report by the charity group states: “The world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion – at a rate of $15,000 per second or $1.3 billion a day – during the first two years of a pandemic that has seen the incomes of 99 percent of humanity fall and over 160 million more people forced into poverty.”
“If these ten men were to lose 99.999 percent of their wealth tomorrow, they would still be richer than 99 percent of all the people on this planet,” said Gabriela Bucher, executive director of Oxfam International.
“They now have six times more wealth than the poorest 3.1 billion people.” – READ MORE
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