The rich got MUCH richer during the pandemic: Top 0.01% of wealthiest individuals now hold 11% of the world's wealth
The world's richest group of 520,000 people saw a boost to their wealth during the pandemic and now own 11 per cent of the $418 trillion global wealth. The 2022 World Inequality Report found that a shift to an online economy during lockdowns and bets on the recovery greatly benefitted the rich.
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