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Oxfam spoke about
at the World Economic Forum's
meeting. As an example, it said the world's five richest people have seen their
increase by 114 per cent since 2020. A
spokesperson said: "The top five billionaires have doubled their wealth. On the other
, almost five billion people have become poorer." Tesla CEO Elon Musk is the richest man on the
. He has a personal fortune of just under $250 billion. The AP news
said: "If someone does reach that trillion-dollar
, he or she would have the same value as oil-rich Saudi Arabia." Oxfam said the world is now at the start of a "
of division". It called for a "new era of public action" to reduce the wealth
.
