While the vast majority of the EU's population has become steadily poorer recently, its top five richest billionaires have increased their wealth from €244bn in 2020 to €429bn in 2023, an Oxfam report revealed on Monday (15 January).
This represents a 76 percent increase in just three years — at a rate of €5.7m per hour.
"This inequality is no accident; the billionaire class is ensuring that corporations deliver more wealt...
Back our independent journalism by becoming a supporting member
Already a member? Login herePaula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.
Paula joined EUobserver in January 2023 and left for Euronews in 2024. Previously she worked for the Spanish online newspaper El Confidencial, where she covered mainly economic and financial affairs.