The World Could Get its First Trillionaire Within 10 Years, Oxfam says
Protestors holding banners during a demonstration against the World Economic Forum ahead of its start in Davos, Switzerland, on Jan. 14.
Photographer: Stefan Wermuth/BloombergThis article is for subscribers only.
DAVOS, Switzerland (AP) — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed to the gathering of political and business elites at the Swiss ski resort of Davos.
Oxfam, which for years has been trying to highlight the growing disparities between the super-rich and the bulk of the global population during the World Economic Forum's annual meeting, reckons the gap has been "supercharged" since the coronavirus pandemic.