According to a report released by Oxfam, since 2020, the world has added 42 trillion US dollars (1272 trillion Taiwan dollars) of wealth, of which 26 trillion US dollars or 63% have flowed into the pockets of 1% of the super rich.

(Reuters)

[Compile Lu Yongshan/Comprehensive Report] The non-governmental organization Oxfam International released a report stating that since 2020, the world has added 42 trillion U.S. dollars (1272 trillion Taiwan dollars) of wealth, of which 26 trillion U.S. dollars or 63% have flowed into 1% of the ultra-rich pocket, the remaining 16 trillion US dollars are shared by 99% of the population, which also highlights the growing gap between the world's rich and poor.

Oxfam released the report at the opening of the "World Economic Forum" (WEF) held in Davos, Switzerland on the 16th. The report said that for every dollar of new wealth earned by the bottom 90%, one billionaire would earn about $1.7 million, underscoring the accelerated pace of wealth creation, as the world's richest 1 percent earned nearly half of the new wealth over the past decade.

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The Oxfam report analyzed Credit Suisse's global wealth creation data, as well as data from the Forbes Billionaires Ranking and the Forbes Instant Billionaires Ranking, to assess changes in the wealth of the ultra-wealthy.

The Oxfam study contrasted this wealth creation with a report by the World Bank, which said in October 2022 that it may miss its 2030 goal of eradicating extreme poverty as the COVID-19 pandemic slows efforts to eradicate poverty. The goal.

Gabriela Bucher, executive director of Oxfam, has called for tax increases for the super-rich, saying it is a "strategic prerequisite for reducing inequality and restoring democracy." existential crisis.

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