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How Billionaires Gained from COVID

Oxfam's latest report on COVID-induced inequality, called 'Profiting from Pain', says that during the two years of COVID, one billionaire was created every 30 hours.

Oxfam's latest report on COVID-induced inequality, called 'Profiting from Pain', says that during the two years of COVID, one billionaire was created every 30 hours. They made their money from food shortages, the rush for vaccines and medicines during the pandemic, and the world's increased dependence on internet companies. On the other side, in 2022 alone, rising corporate profits are going to push one million people into extreme poverty every 33 hours.

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