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Since 2020, 63% of all new wealth went to the world's wealthiest 1%, according to an Oxfam report. An individual would need to earn an average of $401,622 per year in order to join the top 1%, and a household would need an income of $570,00. There are 2640 billionaires in the world with a cumulative wealth valued at $12.5 trillion.

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Since 2020, 63% of all new wealth went to the world's wealthiest 1%, according to an Oxfam report. An individual would need to earn an average of $401,622 per year in order to join the top 1%, and a household would need an income of $570,00. There are 2640 billionaires in the world with a cumulative wealth valued at $12.5 trillion.
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your auntifa liza 🇵🇷 🦛 🦦 (blogdiva@mastodon.social)'s status on Thursday, 01-Feb-2024 05:23:59 JST your auntifa liza 🇵🇷 🦛 🦦

WEEKLY REMINDER
billionaires do not have a right to exist
—Shawn Fain, president #UAW #union
source : https://mastodon.social/@statisticsworld@mastodon.world
#classWar #oligarchy #capitalism

In conversation Thursday, 01-Feb-2024 05:23:59 JST from mastodon.social permalink