Wealth

The top 1% captured nearly twice as much new wealth as the rest of the world over last two years

The top 1% have captured nearly twice as much new wealth as the rest of the world during that period, according to Oxfam’s annual inequality report, released Sunday. Their fortune soared by $26 trillion, while the bottom 99% only saw their net worth rise by $16 trillion.

Original article: https://www.cnn.com/2023/01/15/business/top-1-wealth-oxfam-davos

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