Since 2020, the aggregate fortune of the five most affirmative people in the world has almost doubled, reaching $ 869 billion, while five billion people have become poorer.
According to the OXFAM report, presented at the annual meeting of the World Economic Forum (WEF) in Davos, the first trillionaire may appear over a decade, but will take more than two hundred years getting rid of poverty.
It is estimated that Ilon Mask's personal wealth is approximately $ 230 billion, according to the current Forbes list used OXFAM for its calculations.
According to OXFAM, 4.7 billion people, accounting for 60% of the poorest population in the world, have deteriorated 0.2% in real expressions because richer countries have not received sufficient financial support through the Covid-19 pandemic.
The report also indicates that 7 of the 10 largest companies in the world are already controlled or are the main shareholders of billionaires.
Oxfam urged governments to intervene and restrain corporate power, including breaking the monopolies.
The report also indicates that 148 leading corporations have now received a profit of $ 1.8 trillion, which is 52% more than in the average three -month period in the last three years. This has become possible at the expense of huge payments to shareholders, despite the fact that millions of employees are faced with reducing wages in real terms due to inflation.
Amitabh Behar, Provisional Executive Director Oxfam International, stated: "This inequality is not accidental; the class of billionaires ensures that corporations bring them more wealth, profitable at the expense of others."
In Davos, measures aimed at supporting the "capitalism of stakeholders" define corporations as a tool not only to maximize profits, but also as the realization of "human and public aspirations as part of a wider social system", according to WEF.
Oxfam emphasizes that its report, based on various sources, shows that the current system of joint -stock capitalism leads to an increase in inequality rather than the fulfillment of social goals.
The study also found that out of the 1,600 largest corporations in the world, only 0.4% have been obliged to pay for employees a subsistence minimum and maintain it in their cost chains.
Oxfam, associations of 17 organizations operating in more than 90 countries, is actively working on solving poverty and injustice worldwide.
