So many new wealth with the pandemic:


https://www.businessinsider.com/oxfam-billi...s-richer-2023-1


Excerpt from that site:

Governments around the world need to reduce the number of ultra-wealthy people by adopting "billionaire-busting policies," Oxfam said in a Monday report.

The UK-based group of non-profits said in the report the richest people have grabbed nearly two-thirds of $42 trillion in new wealth created since 2020 — when the COVID-19 pandemic started. That's twice as much as what the rest of the 99% managed to amass in new wealth, Oxfam said citing Credit Suisse data.

As a reflection of this growing wealth disparity, at least 1.7 billion workers are living in countries where inflation is outpacing wages, according to Oxfam's analysis of data from Eurostat, Trading Economics and consultancy Korn Ferry.

Oxfam is now advocating to halve the wealth and number of billionaires between now and 2030 through taxation and other moves in order to get to a "fairer, more rational distribution of the world's wealth."