Wealth Surge: Trillionaires Forecasted as Gap Between Rich and Poor Widens in 10 Years

Unveiling the Wealth Surge

Unveiling the Wealth Surge: Trillionaires Forecasted to Emerge Amidst Growing Rich-Poor Disparity. As the assets of the world’s richest people rapidly increase, the gap between rich and poor is growing. In particular, as the assets of the richest people increase rapidly, trainers are expected to be created within the next 10 years.

On the 15th (local time), Britain’s Sky News cited a report by anti-poverty charity Oxfam and reported that while the assets of the world’s richest people have doubled in just three years, many parts of the world are still experiencing extreme poverty.

According to Oxfam’s report ‘In Equality Ink’, the assets of the world’s five richest people decreased from a total of 321 billion pounds (about 423.8 billion dollars, about 541 trillion won) to 688 billion pounds (about 877.7 billion dollars, about 1,159 trillion won) in just three years. However, during the same period, the Wealth Surge of 4.7 billion poor people, or 60% of the world’s population, decreased.

According to Oxfam, the combined assets of Tesla CEO Elon Musk, LVMH CEO Bernard Arnault, Amazon founder Jeff Bezos, Oracle CEO Larry Ellison, and Berkshire Hathaway CEO Warren Buffett, who are among the world’s five richest people, have increased by 114 % since 2020.

According to economic magazine Forbes, Musk’s assets alone were estimated at 180 billion pounds (about 229.6 billion dollars, about 303 trillion won).

Oxfam’s officials pointed out that while it is impossible to eradicate poverty for the next 229 years, the world’s first trillionaire will emerge within 10 years, which is unacceptable.

Oxfam suggested that governments around the world break the monopoly system, introduce a federal cap on corporate heads, increase taxation on additional net profits and Wealth Surge, and fair trade as solutions to narrow the gap between the rich and the poor.

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