Trending Today
World’s Billionaires Are Richer Than 60% of Global Population
The World’s billionaires are richer than 60 percent of the population, says a recent study.
Oxfam recently released a new report called, ‘Time to Care,’ focusing on the worldwide issue of wealth inequality.
According to the report, the world’s 2,153 billionaires have more money than the combined wealth of 4.6 billion people in the world.
Broken down further, the richest one percent are twice as wealthy as 90 percent of the human population.
Oxfam’s report particularly focused on wealth inequality in terms of privileged men and underpaid women.
They found that the 22 wealthiest men in the world, including Jeff Bezos and Bill Gates, possess more wealth than all of the women in Africa combined. They also found that women contribute $10.8 trillion to the global economy every year by putting in over 12 billion hours of unpaid care work every day.
-
Real Estate2 months agoAl Mouj Muscat Unveils Azura Beach Residences Phase 2: A New Chapter in Waterfront Living
-
Leaders Speak1 month agoDhofar International Development and Investment Company: Driving Sustainable Growth and Strategic Synergies in Oman’s Investment Landscape
-
Events1 month agoOER Corporate Excellence Awards 2025 Honours Entities and Innovations in Oman
-
Economy1 month agoMaal Card: What Oman’s New National Payment Card Means for Everyday Users
-
OER Magazines2 months agoOER, October 25
-
Arts and Culture2 months agoOminvest and Bait Al Zubair Launch “Future Frames” to Empower Youth through Art and AI
-
Entertainment2 months agoWhere Heritage Meets Haute Couture: Al Sadaa Haute Couture Transforms the Sultanate’s Fashion Scene
-
News2 months agoMs. Noor Saldin, Founder of Modern Generation International School, Wins Woman of the Year 2025; School Honored for Empowering Future Female Leaders
