As of the pandemic situation, the top 10 juggernauts have attracted so much wealth and the poor went even deeper. The E-car manufacturer and space explorer occupy the pinnacle of gain over 132 billion followed by the E-com legend, 70.9 billion and the list go on to end with Warren Buffet with a loss of 3.5 billion.
On the other side of the wall, the poor population increased to 9.1% having a previous number of 615 million (7.9%). East Asia is the least and Africa being the worst covering the bottom two. Cumulatively, the pandemic has raised the top 10 high net worth individuals by 300 billion dated Dec24.
It's proven that after a plunge in the world economy this switch happens more of the middle class is pushed onto the other side and the highest tower moves higher. Biased concentration can be observed after every crisis and depression.
Finnomy..
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