> World's richest five men double fortune since 2020, says Oxfam in Davos / 34EZ6NA
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World's richest five men double fortune since 2020, says Oxfam in Davos / 34EZ6NA
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The world's wealthiest five men have more than doubled their fortune since 2020, the charity Oxfam says, as it calls on nations to resist the ultra-rich's influence over tax policy. A report from the charity, published as the global elite hobnob at the World Economic Forum in Davos this week, said their wealth rose from $405 billion in 2020 to $869 billion last year. "This is happening when almost 800 million people have not been able to have real wages keep up with inflation," the charity's interim director Amitabh Behar says, accusing billionaires along with "corporate and monopoly power" of "plundering Mother Earth, essentially for more and more profit". IMAGES AND SOUNDBITES