World Inequality Grows Amid Glut of New Billionaires, Oxfam Says

  • Global economy mints a billionaire every 2 days, report shows
  • The charity posted its findings as Davos forum gets underway
Why the Widening Divide in Wealth Matters to Investors
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The global economy created a record number of billionaires last year, exacerbating inequality amid a weakening of workers’ rights and a corporate push to maximize shareholder returns, charity organization Oxfam International said in a new report.