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Global 1% Own 43% of Financial Assets

By Ben Norton / Geopolitical Economy Report The world’s richest 1% own 43% of global financial assets, and the wealth of the top five billionaires has doubled since 2020, while 60% of humanity – nearly 5 billion people – collectively got poorer, according to a report by Oxfam, a leading international humanitarian organization. Oxfam published the […]

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World’s First Trillionaire Just 10 Years Away as Richest Men Double Their Wealth

Tax le Rich. badlyricpolice from Portland, USA, CC BY 2.0 https://creativecommons.org/licenses/by/2.0, via Wikimedia Commons By Jake Johnson / Common Dreams Since 2020, a year marked by the spread of a pathogen that killed millions of people, the world’s five richest men have seen their collective wealth more than double as five billion people across the […]