Forbes Rich List underlines warped economic system as more billionaires created

Commenting on the 2017 Forbes billionaires list, which revealed a record 233 new billionaires, Oxfam's Head of Inequality Policy Max Lawson said:

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

"Our warped economic model leads to more unequal societies that trap millions of people in poverty - it allows an elite group to accrue extreme wealth while one in nine people go to bed hungry every night.

"We need to build a more human economy, where the super-rich pay their fair share of tax, workers earn a living wage, and governments invest in decent healthcare and education to give everyone a good start in life."