Billionaires growing richer faster than ever, says Oxfam – DW – 01/20/2025
www.dw.com
Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 per day.
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The original was posted on /r/collapse by /u/TwoRight9509 on 2025-01-20 20:39:50+00:00.

Collapse related because the wealth of the richest 10 billionaires grew by $100 million per day on average, over the last 10 years.

While normal people - all of us - suffer and scrape by and wonder how we’ll ever possibly navigate the imminent surge in survivable / mostly climate safe real estate.

And then there’s this, and it’s sickening:

“The report also pointed out that one in ten women globally lives in extreme poverty, earning less than $2.15 a day. It further added that women provide 12.5 billion hours a day of unpaid labor, adding an estimated $10.8 trillion to the global economy, three times the global tech industry’s value.”