The world’s richest people increased their fortune by 42 billion dollars: Oxfam

by times news cr

2024-07-25 06:21:40

People who represent the richest in the world increased their fortune in 42 billion dollarsas revealed by the international confederation Oxfam.

This took place prior to a meeting of the Group of Twenty (G20), where the discussion of imposing a tax to this minority that represents the population more enriched on an international level.

The accumulation of 42 trillion dollars is the product of the “new wealth generated in the last decade“, according to the Oxfam statement cited by the AFP news agency.

It should be noted that the tycoons who are among the richest in the world are Bernard Arnault, Elon Musk, Jeff Bezos, Mark Zuckerberg y Bill Gates.

Elon Musk (Ebrahim Noroozi / AP Photo / AP)

1% of the population increased their fortune by 42 billion dollars: they are the richest in the world

According to Oxfam data, only 1% of the world’s population, who represent the richest in the world, increased their fortune by 42 trillion dollars.

It is worth remembering that at the beginning of 2024, the same non-governmental organization pointed out that the fortune of the five richest men had doubled since 2020.

Which contrasts with the almost 5 billion people suffering from extreme poverty, a figure that would take more than two centuries to eradicate, according to Oxfam at the time.

The world’s richest people increased their fortune by 42 billion dollars: Oxfam

The richest increase their fortune (Pixabay)

Tax on the world’s richest people proposed to combat hunger

Faced with the panorama of brutal enrichment hoarded by a tiny population, the government of Brazil headed by Luiz Inacio Lula da Silva proposed the creation of a income tax for the richest in the world, also known as “ultra rich”.

The above would be used to finance the projects of the Global Alliance Against Hunger and Povertyaccording to the proposal presented in Rio de Janeiro to the G20.

It has emerged that this global tax, which would be aimed at the richest people in the world, whose fortune increased by 42 billion dollars according to Oxfam, was rejected by the United States.

While some of the countries that They agreed with this proposal were:

  • Brazil
  • Colombia
  • Spain
  • France
  • South Africa
  • the African Union

It is important to note that Oxfam indicated that “the proportion of income of the richest 1% in the G20 countries, has increased by 45% in the last four decadeswhile the tax rates maxims about their Revenues have been reduced by about a third”, based on what was cited by AFP.

Poverty

Poverty (AP)

2024-07-25 06:21:40

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