Oxfam Warns of Trillionaire Surge as Global Inequality Deepens
- The combined wealth of the world's most wealthy rose from $13 trillion to $15 trillion in just 12 months, the global charity said Sunday.
- The richest 1% of people own nearly 45% of all wealth, while 44% of humanity are living below the World Bank poverty line of $6.85 per day, the data showed.
- Oxfam is urging governments to commit to ensuring that the incomes of the top 10% are no higher than the bottom 40% worldwide.
- Oxfam said billionaire wealth grew by US$2 trillion last year, or roughly US$5.7 billion a day, three times faster than in 2023.
Insights by Ground AI
Does this summary seem wrong?
Coverage Details
Total News Sources0
Leaning Left37Leaning Right12Center23Last UpdatedBias Distribution51% Left
Bias Distribution
- 51% of the sources lean Left
51% Left
L 51%
C 32%
R 17%
Factuality
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage
