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.
-
Economy1 month agoOMIFCO IPO: Price, Dividends, Subscription Dates and Listing – Here’s Everything You Need to Know
-
News1 week agoINVESTIGATION: Why Nokia Could Matter More in the Quantum Age Than It Ever Did in Mobile
-
Magazines4 weeks agoOER May 2026 Edition: The Digital Copy
-
Investment3 weeks agoWhy Are Tech Stocks Rising Again – And Is It Too Late To Invest In Them?
-
Economy2 weeks agoOMIFCO Successfully Completes Bookbuilding & Sets Final IPO Offer Price
-
Economy1 month agoSpaceX’s US$2T Historic Market Debut: Is SPCX Worth the Hype and How Can Oman Investors Buy It?
-
Banking & Finance1 month agoOman Arab Bank marks successful listing of $400mn AT1 Bond on London Stock Exchange
-
Magazines1 month agoSignature Oman: May 2026 Edition
