According to Oxfam, billionaires’ wealth has risen more since COVID-19 began than it has in the last 14 years. At USD 5 trillion, this is the biggest surge in billionaire wealth since records began. The first two years of the COVID-19 pandemic saw incomes of 99 percent of humanity fall and over 16 crore people were forced into poverty even as the world’s ten richest men saw their fortune more than double to USD 1.5 trillion (over Rs 111 lakh crore) at a rate of USD 1.3 billion (Rs 9,000…
Read MoreDespite rise in billionaire’s wealth but over 16 crore more people forced into poverty in 2 years of pandemic: Oxfam
