New wealth of top 1% surges by over $33.9 trillion since 2015 – enough to end poverty 22 times over

New wealth of top 1% surges by over $33.9 trillion since 2015 – enough to end poverty 22 times over

The world’s richest one per cent increased their wealth by more than $33.9 trillion in real terms since 2015, according to new Oxfam analysis published ahead of the world’s largest development financing talks in a decade. This is more than enough to eliminate annual poverty 22 times over at the World Bank’s highest poverty line of $8.30 a day. The wealth of just 3,000 billionaires has surged $6.5 trillion in real terms since 2015, and now compri…