Wealth of global top 1% grew by $42 trillion over past decade: Oxfam

Wealth of global top 1% grew by US$42 trillion over past decade: Oxfam

The last decade has been very lucrative for the world's super-rich residents, fuelling the drive by some advocates to tax them more.

Wealth of global top 1% grew by $42 trillion over past decade: Oxfam

The last decade has been very lucrative for the world’s super-rich residents, fueling the drive by some advocates to tax them more.

'Disgusting': Global 1% Captured $42 Trillion in New Wealth Over Past Decade

The richest sliver of the global population hauled in more than $40 trillion in new wealth over the past decade as countries around the world cut taxes for those at the very top, supercharging inequality that poses a dire threat to democracy and the planet.An Oxfam analysis released Thursday ahead of a meeting of G20 finance ministers estimated that over the past 10 years, the global 1% has accumulated $42 trillion in new wealth. That's "nearly …

'Historic Low Taxes': You Won't Believe How Much World's 1% Richest Made in 10 Years, Check Oxfam Report

Wealth Gap Widens: Top 1% Gains $40T, Taxes Plummet

Extreme wealth gap widens globally as top 1% gains $42tn

This is nearly 34 times more than the entire bottom 50 per cent of the world’s population, according to a new analysis released by Oxfam.

'Disgusting': Global 1% Captured $42 Trillion in New Wealth Over Past Decade

The richest sliver of the global population hauled in more than $40 trillion in new wealth over the past decade, according to a new analysis.