Increase in extreme wealth

The world’s five wealthiest men made more than $10 million an hour between 2020 and 2023, according to an Oxfam report released ahead of the World Economic Forum meeting in Switzerland
 

$718bn 2023
+$377.9bn
Five richest $340.1bn 2020 
2020-23: Rich get richer but 4.8 billion people become poorer
   

Bernard Arnault: Presides over LVMH, world’s largest luxury goods empire
2020 wealth	$76bn 
2023 		$211bn
Increase 	$135bn
Change 		177.6%
 
Elon Musk: Cofounder of Tesla, SpaceX and Boring Company
2020 		$24.6bn 
2023 		$180bn
Increase 	$155.4bn
Change 		631.7%

Jeff Bezos: Founder of Amazon, e-commerce company
2020 		$113bn 
2023 		$114bn
Increase 	$1bn
Change 		0.9%
  
Larry Ellison: Cofounder of Oracle, computer technology company
2020 		$59bn 
2023 		$107bn	
Increase 	$48bn	
Change 		81.4%
  
Warren Buffett: Runs Berkshire Hathaway, U.S. finance company
2020 		$67.5bn 
2023 		$106bn
Increase 	$38.5bn
Change 		57.0%
 

Sources: Inequality Inc., Oxfam; Forbes 
Pictures: Getty Images 
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