2023-08-25 07:30:00
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EDITORIAL. More great fortunes also means fewer poor people on the planet. No offense to Cécile Duflot and to all the anti-globalizationists with very narrow views.
by Pierre-Antoine Delhommais Cécile Duflot, the general director in France of the NGO Oxfam, at the LFI summer universities, in Chateauneuf-sur-Isère, on August 25, 2022. © NICOLAS GUYONNET / Hans Lucas / Hans Lucas via AFP Published on 08/25/2023 at 07:30
This is a statistic that should delight Cécile Duflot, director general of Oxfam France, an NGO committed to the fight against poverty and, even more, in the fight against the rich. According to the latest edition of the Global Wealth Report, published by the Swiss bank UBS, the number of millionaires (in dollars) fell worldwide in 2022. There were 59.4 million at the end of December, or 3, 5 million less than a year earlier.
The planet also had, at the end of last year, 243,060 “ultra-rich”, with a net worth of more than 50 million dollars, or 22,500 less than at the end of 2021. Main responsible for the decline of this population fortune, the decline in the financial markets, which has resulted in a global scale of 19,000 billion…
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