Top 5 richest men double their fortunes since pandemic low
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The Oxfam annual inequality report has revealed that the world's five wealthiest individuals have doubled their net worth since 2020. Their combined net worth has risen by 114%, reaching $869 billion, after adjusting for inflation. If current trends persist, we could see the first trillionaire within a decade. At the same time, the poorest 60% or nearly five billion people globally have become poorer. At the current rate, it would take nearly 230 years to eradicate poverty.