Forbes

Billionaire fortunes have risen six times faster than the wages of ordinary workers since 2010. Our failing economies are enriching a wealth minority while millions of ordinary workers are struggling to survive on poverty pay.

A world where more new billionaires have been created in a year than ever before shows signs of economic sickness rather than health.

Inequality is a killer, contributing to the deaths of at least one person every four seconds. It makes our world less safe for all of us — and particularly for the poorest people, women and racialized groups. This is not by chance, but by choice. For a more equal future, we must fight inequality together.

The annual Forbes rich list released today highlighted a slight downturn in fortunes of the rich elite but huge global inequalities remain.

Following Oxfam’s January report revealing that just 85 people owned the same wealth as the bottom half the world’s population, Forbes has updated its “billionaires' list”, showing that extreme inequality has worsened– just 67 people at the top now own half the wealth.