Super-rich control 63% of new wealth

Oxfam is calling for new taxes on the super-rich to tackle a post-Covid rise in global inequality. The richest 1% captured nearly two-thirds of all new wealth created since 2020, worth $42 trillion


SHARE OF WEALTH GAINED (2020-21, percentage)

63%
$26 trillion
Richest 1%

27%
$12 trillion
9% of population

10%
$4 trillion
Bottom 90% 

TOTAL $42 trillion

World population: 8 billion

                    

INCREASE IN BILLIONAIRE WEALTH (1987-2022, $trillion) 
$1 trillion is $1,000,000,000,000

2012-22: Number and wealth of billionaires doubles

2020-22: Combined fortune of billionaires increases by $2.7bn per day

2020: Covid-19 pandemic starts

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14 
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0	1988 90 92 94 96 98 2000 02 04 06 08 10 12 14 16 18 20 22 


Source: Survival of The Richest by Oxfam 
Picture: Alexander Grey via unsplash 
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