falling into poverty because of the virus, and pay for vaccines for all.
equivalent to the recovery spending of all the G20 governments put
together, according to the charity.
include Amazon founder Jeff Bezos, Tesla founder Elon Musk and Facebook
founder Mark Zuckerberg.
markets and a “rigged economy”, causing rising inequality during the
“worst economic downturn in a century”.
driven by the value of holdings such as property and the shares they
own, rather than wages.
Living in poverty
March-September 2020 that he could have given all 876,000 Amazon
employees a $105,000 bonus and still have been as wealthy as he was
before the pandemic.
take more than a decade. Oxfam estimates that between 200 million and
500 million more people were living in poverty in 2020, reversing the
decline in global poverty seen over the last two decades.
Aren’t the world’s wealthiest doing their bit?
mega-donations since the pandemic began, with celebrities, sports stars
and business leaders responding to the Covid-19 emergency.
donated more than $4bn to food banks and emergency relief funds in four
causes. This represents about a quarter of his $3.9bn net worth.
of $1.75bn to the global Covid-19 response, including for the development and delivery of vaccines and tests.