The latest report: the wealth of the world's ten richest people doubled during the COVID-19 period.

2022-01-18

"For billionaires, COVID-19 is like a gold rush!" According to the German news agency on the 17th, in 2022, the wealth held by the world's top ten richest people jumped from US $700 billion to US $1.5 trillion, an average increase of US $1.3 billion a day, exceeding the growth rate of the past 14 years. The wealth of these 10 people is six times the total wealth of the world's poorest 3.1 billion people. Oxfam calculates the wealth of the world's top ten richest people based on the latest authoritative sources and citing the 2021 global rich list published by Forbes, an American magazine. Oxfam called this inequality "economic violence" and said that 21000 people worldwide die every day due to lack of medical care, gender violence, hunger and climate change. The world's top ten richest people include Tesla CEO musk, Amazon founder Bezos, "stock god" Buffett and others. Musk's assets increased tenfold to US $294 billion in the 20 months after the outbreak, making him the richest man in the world. Bezos's wealth rose 67% to $2030 billion. Bezos (data map) "With the wealth of the top rich growing at an unprecedented rate, some people began space travel, and the global poverty population increased sharply." The report said that the epidemic had already plunged 160 million people into poverty, and the rich were richer because the central bank injected trillions of dollars into the financial markets to stimulate the economy during the period of COVID-19, but most of the economic support eventually fell into the pockets of billionaires affected by the stock market boom. It is reported that in Germany, the phenomenon of "high concentration of assets" is also increasing. Since the start of the new crown pandemic, the assets of the 10 richest Germans have increased from about 125 billion euros to about 223 billion euros, an increase of about 78%. This wealth is equivalent to the total wealth of 33 million Germans, the poorest 40 per cent of the population. Oxfam urges countries to carry out tax reform, tax enterprises and the super rich, and use the resulting income for basic social services. (Xinhua News Agency)

Edit:Li Ling    Responsible editor:Chen Jie

Source:Global Times

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