How greedy do you have to be?

ntemid

2 years ago

How greedy do you have to be

To become a billionaire in times like these?

Photo credit: Forbes

There is a report that OXFAM released a few months back titled, “Profiting from Pain”.

If you are very sensitive to information about inequality, I advise you take a moment to breathe in and out.

That is because the things we are going to highlight here are written about, in depth in that report!

Let us begin with this…

Photo credit: News PiPa

Billionaires in the food and energy sectors are increasing their fortunes by $1 billion every two days!!!
573 people became new billionaires during the pandemic, at the rate of one every 30 hours!!!
Billionaires’ wealth has risen more in the first 24 months of COVID-19 than in 23 years combined!!!
The total wealth of the world’s billionaires is now equivalent to 13.9% of global Gross Domestic Product!!!
The fortunes of food and energy billionaires have risen by $453 billion in the last two years!!!
Five of the largest energy companies (BP, Shell, TotalEnergies, Exxon and Chevron) are together making $2,600 profit every second!!!
There are now 62 new food billionaires!!!
In 2021, Cargill made the biggest profit in its history ($5 billion in net income)!!!
The Cargill family alone now has 12 billionaires, up from eight before the pandemic!!!
Today, 2,668 billionaires — 573 more than in 2020 — own $12.7 trillion, an increase of $3.78 trillion!!!
The richest 20 billionaires are worth more than the entire GDP of Sub-Saharan Africa!!!
Pharmaceutical corporations like Moderna and Pfizer are making $1,000 profit every second just from their monopoly control of the COVID-19 vaccine!!!
The pandemic has created at least 40 new pharma billionaires!!!

Photo credit: Business Insider

Having read all of that,

I ask again;

How greedy do you have to be, huh?

Ooohhhh…did I mention that one has to pay a minimum of “19,000 US Dollars” to be “allowed to sit” at the World Economic Forum?

How greedy do you have to be?

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