Wealth of World’s Five Richest People More Than Doubled Since 2020: Oxfam

Jan 15, 2024, 16:20 IST

Nishtha Badgamia

World’s five wealthiest men have more than doubled their wealth since 2020, while around 60 per cent of the global population has become poorer, in the same period, according to an Oxfam report about the widening global wealth gap, titled ‘Inequality Inc.’

Larry Ellison 

The wealth of Oracle’s founder has risen by 107 per cent since March 2020 and totalled $145.5 billion.

Jeff Bezos 

Amazon founder saw a rise of 24 per cent in his wealth with a fortune of $167.4 billion.

Warren Buffett

With wealth totalling $119.2 billion, Berkshire Hathaway CEO’s net worth rose by 48 per cent.

Joined: BJP

Sunil Jakhar

Elon Musk 

Cofounder of six companies, including Tesla and SpaceX, Musk has been a big winner recently despite his setbacks following his chaotic takeover of X, formerly known as Twitter. His wealth soared to $245.5 billion at the end of November, up 737 per cent from March 2020.

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