Published 1 year ago

A new billionaire has been minted nearly every day during the pandemic, recent analysis shows

Summary by Abc 6 Philadelphia

A new billionaire was minted about every 30 hours, on average, so far during the pandemic, according to a recent analysis.

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Times of India

Pandemic creates new billionaire every 30 hours: Oxfam at Davos

Oxfam's new research also showed that corporations in the energy, food and pharmaceutical sectors -- where monopolies are especially common -- are posting record-high profits, even as wages have barely budged and workers struggle with decades-high prices amid COVID-19.

1 year ago·India

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The Hindu

Pandemic creates new billionaire every 30 hours: Oxfam at Davos

The report showed that 573 people became new billionaires during the pandemic, at the rate of one every 30 hours

1 year ago·India

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CTV News

A new billionaire has been minted nearly every day during the pandemic

The COVID-19 pandemic has been good for the wallets of the wealthy. Some 573 people have joined the billionaire ranks since 2020, bringing the worldwide total to 2,668, according to an analysis released by Oxfam on Sunday. That means a new billionaire was minted about every 30 hours, on average, so far during the pandemic.

1 year ago

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The Independent

New billionaire was created every 30 hours during the pandemic

Nearly one million people could be pushed into extreme poverty in 2022, according to Oxfam

1 year ago·London, United Kingdom

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NDTV

Covid Made A Billionaire Every 30 Hours, Time To Tax Rich: Oxfam At Davos

The Covid pandemic has created a new billionaire every 30 hours and now one million people could fall into extreme poverty at the same pace, Oxfam said Monday as the Davos summit returns.

1 year ago·New Delhi, India

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USA Today

A new billionaire every 30 hours: Wealth increased for the richest during pandemic, report says

A new billionaire reached the financial status an average of once every 30 hours during the ongoing coronavirus pandemic, according to a new analysis.

1 year ago·United States

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