Extreme Inequality Persists: Richest Fortunes Soar as Millions Fall into Poverty
• The world's first trillionaire expected in just a decade while poverty will persist for at least 200 more years
• 5 richest men doubled wealth from $405B to $869B since 2020, growing at $14M per hour
• Elon Musk most likely to reach $1T net worth; leads group of 5 wealthiest with $222B fortune
• Almost 5B people made poorer by COVID, war, and inflation as 800M workers' wages failed to match inflation
• Over 250 millionaires and billionaires signed letter urging wealth taxes on super rich to address inequality