: Covid-19 pandemic created a new billionaire every 30 hours, says Oxfam #IndiaNEWS A new billionaire was created every 30 hours on an average during the Covid-19 pandemic across the world, non-profit
Covid-19 pandemic created a new billionaire every 30 hours, says Oxfam #IndiaNEWS
A new billionaire was created every 30 hours on an average during the Covid-19 pandemic across the world, non-profit organisation Oxfam International said on Monday.The organisation made the statement in a report titled “Profiting from Pain? released in the Swiss town of Davos, where the World Economic Forum is currently holding its annual meeting.Oxfam International, in its report, said that 573 persons became new billionaires during the coronavirus pandemic, at the rate of one every 30 hours. Meanwhile, the organisation predicted that 263 million persons will fall into extreme poverty in 2022, at a rate of one million every 33 hours.For every one billionaire minted since the pandemic began, 1M more people could be pushed into extreme poverty in 2022. While the world is reeling from multiple crises, the world’s wealthiest are unashamedly #ProfitingFromPain of ordinary people🧑?;S[ܙZ
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