Organic Lifestyle Magazine

Report Shows Top Ten Richest People See Half a Trillion-Dollar Wealth Increase Since the Pandemic

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A new report by Oxfam has shown that the ten richest men in the world have seen their wealth increase by half a trillion since the beginning of the coronavirus pandemic a year ago. Meanwhile, many have lost their jobs with the unemployment rate peaking around 14%. The current unemployment rate is estimated to be 6.2%.

A recent report by Oxfam shows that “the world’s ten richest men have seen their combined wealth increase by half a trillion dollars since the pandemic began.” On the other hand, the majority of people have been ushered into “the worst jobs crisis in over 90 years with hundreds of millions of people now underemployed or out of work.” The report was titled “The Inequality Virus” and was published on the opening day of the World Economic Forum’s (WEF) ‘Davos Agenda.’

World’s Ten Richest People See Wealth Increase By Half A Trillion Dollars Since Beginning of COVID

While the coronavirus took jobs and houses from people, Elon Musk surpassed Jeff Bezos as the richest man in the world. Jeff Bezos increased his net worth by 20% thanks to a surge in Amazon sales, and Bill Gates quietly bought up farmland becoming the countries largest farmland owner.

The Richest men in the world have more than enough money to make some of our larger financial problems go away. The housing crisis, world hunger, you name it. To try and comprehend just how much money the richest men in the world have, check out this wealth comparison chart.




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Sage Edwards

Sage Edwards

Sage is a writer and photographer for Organic Lifestyle Magazine. At 18 years old Sage weighed more than 320 pounds. After years of being in persistent pain at such a young age, she decided it was time for a change. She started cranberry lemonade, a salad a day, cut out refined sugar and processed foods, Sage lost 100 pounds in less than a year. Today she likes to start her mornings with a run and weight lifting, and a big salad. She enjoys cooking, working out, and learning about health and the way of the Organic Lifestyle.

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