Australian billionaires double their collective wealth during the COVID-19 pandemic: report

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Australian billionaires double their collective wealth during the COVID-19 pandemic: report
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Oxfam Australia's Chief Executive said the divide between the megarich and poor has blown out during the global crisis. 9News

That is according to a new report by global anti-poverty charity Oxfam that claimed the 47 billionaires in Australia doubled their collective wealth during the pandemic to a combined $255 billion.

Oxfam Australia's Chief Executive Lyn Morgain said the divide between the megarich and poor has blown out during the global crisis. If those top 10 richest men were to lose 99.9 per cent of their wealth, they would still be richer than 99 per cent of all people on Earth.

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