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International Business Times UK
International Business Times UK
Business
Jastine Beatrice Yap

Widening Wealth Gap: World's First Trillionaire Predicted in a Decade as the Poor Gets Poorer

As the rich amass unprecedented wealth, millions face the harsh realities of financial losses and enduring poverty. (Credit: AFP News)

The world's five wealthiest individuals have reportedly doubled their fortunes, amassing unprecedented wealth, even as the plight of the poorest segments of society worsens.

The collective fortunes of the five richest men in the world — Elon Musk, Jeff Bezos, Bernard Arnault, Larry Ellison and Mark Zuckerberg have surged to an astounding £681.5 billion since 2020, more than doubling their wealth.

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