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.
-
Banking & Finance2 months agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
News2 months agoJamal Ahmed Al Harthy Honoured as ‘Pioneer in Youth Empowerment through Education and Sport’ at CSR Summit & Awards 2025
-
OER Magazines2 months agoOER, December 2025
-
News2 months agoAI Security Conference 2025 Hosted by Securado Highlights the Changing Cybersecurity Landscape
-
Insurance1 month agoSupporting Community Wellness: Liva Insurance Sponsors Muscat Marathon 2026 with Free Health Checkups
-
Interviews1 month agoEXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
-
Insurance4 weeks agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
Investment2 weeks agoLalan Inaugurates Its First Overseas Manufacturing Facility, Marking Sri Lanka’s First Investment in SOHAR Freezone
