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Billionaires: Are they part of the world’s inequality problem, or the solution? – BBC News

Billionaires: Are they a part of the world’s inequality downside, or the answer? – BBC Information
The Covid pandemic has made the world’s wealthiest far richer however has led to extra folks residing in poverty, in response to the charity Oxfam.

Forbes discovered that the 25 greatest billionaire givers within the US have over their lifetimes given away $169 billion to charitable causes, which has risen by about $20 billion because the finish of 2020.

Elon Musk, Jeff Bezos and Bernard Arnault are amongst these named because the world’s richest males in response to Forbes figures cited by Oxfam.

On the identical time these on the different finish of the dimensions have been hit laborious. A current Oxfam report discovered that the pandemic led to 160 million extra folks residing on lower than $5.50 a day.

So what’s the best approach for these on the high to assist these on the backside?

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