First Trillionaire Could Emerge Within a Decade, Says Oxfam
Wealth of World's Top Five Billionaires More Than Doubled Since 2020 Amid Growing Global Wealth Gap
- According to Oxfam International, the world could see its first trillionaire within the next decade, highlighting the growing wealth gap that has been exacerbated by the COVID-19 pandemic.
- The personal fortunes of the world’s five richest people — Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison, and Warren Buffett — have more than doubled since 2020.
- Elon Musk, currently the world's richest person, has a net worth of $226.6 billion, down from $245.5 billion in November 2023.
- Bernard Arnault and his family hold a personal fortune of $175.1 billion, down from about $191.3 billion in November 2023.
- Jeff Bezos' net worth stood at $173.6 billion, up from $167.4 billion in November 2023.