World’s 10 richest men doubled their wealth since the pandemic began

On January 17, 2022, Oxfam’s “Inequity Kills” report was released and states “The wealth of the 10 richest men has doubled, while the incomes of 99% of humanity are worse off, because of COVID-19″.

The wealth of the 10 riches men amounts to $1.9 trillion, grew at a rate of $1.6 billion a day, more than it did the previous 14 years.

“This is the biggest annual increase in billionaire wealth since records began.”

“We have a situation where 10 men hold more wealth than that of two-thirds of humanity”
said Lyn Morgain, chief executive of Oxfam Australia.

Oxfam’s 2021 report revealed the COVID-19 vaccines had created 9 new billionaires.

Over the past two years, the wealth of Australia’s 47 billionaires has doubled to $255 billion. [1]