April 20, 2024 02:24 (IST)
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Oxfam report claims world’s five richest men more than doubled their fortunes from $405 billion to $869 billion since 2020

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power.

Total wealth of 63 Indian billionaires higher than last year’s Union Budget of India 2018-2019: Oxfam

New Delhi/IBNS: The combined total wealth of 63 Indian billionaires is higher than the total Union Budget of India for the fiscal year 2018-19 which was at INR 24,42,200 crore, a new report from Oxfam said ahead of the World Economic Forum (WEF) in Davos, Switzerland.