Posted 1/17/2024, 8:38:17 PM
Oxfam: World's First Trillionaire Could Emerge Within 10 Years as Inequality Soars
- Oxfam report warns that world's first trillionaire could emerge in next decade as inequality grows
- Tesla CEO Elon Musk, investment guru Warren Buffett, and Amazon founder Jeff Bezos among top candidates
- 5 richest men doubled fortunes from $405B to $869B since 2020 while inequality increased for billions
- In 10 years a billionaire could hit $1T; eradicating poverty could take 229 years at current rate
- Oxfam calls for measures like taxing ultra-wealthy and breaking up monopolies to reduce inequality