‘Economic violence’: inequality gap widens as billionaires cash in during pandemic

As the super-rich get richer, 99% of the world’s population are worse off

Covid-19 pandemic wealth inequality
(Image credit: Koray Bozkus/Alamy Stock Photo)

Since the start of the pandemic the world’s ten richest people have more than doubled their collective wealth, according to Oxfam. In its report on global inequality, the charity said that from March 2020 to October 2021, the fortunes of the top ten billionaires jumped from $700bn to $1.5trn – an average of $1.3bn per day.

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Mike Starling is the former digital features editor at The Week. He started his career in 2001 in Gloucestershire as a sports reporter and sub-editor and has held various roles as a writer and editor at news, travel and B2B publications. He has spoken at a number of sports business conferences and also worked as a consultant creating sports travel content for tourism boards. International experience includes spells living and working in Dubai, UAE; Brisbane, Australia; and Beirut, Lebanon.