World’s richest have recovered from COVID crisis, poorest will take a decade more

Oxfam’s latest report says it took just nine months for the top 1,000 billionaires’ fortunes to return to their prepandemic highs, but for the world’s poorest people recovery could take 14 times longer

January 27, 2021 by Peoples Dispatch

In its latest report, Oxfam called COVID-19 the ‘inequality virus.’ The report says that it took just nine months for the top 1,000 billionaires’ fortunes to return to their prepandemic highs, but for the world’s poorest people recovery could take 14 times longer; more than a decade. We take a look at the key findings of the report.

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