The pandemic created a new billionaire every 30 hours
Economy And Jobs,Billionaires,Inequality,Coronavirus,Davos,World Economic Forum
From the Center
AllSides Media Bias Rating: Center
In early 2020, the world counted 2,095 billionaires. Today—two years, half-a-billion covid cases, and at least 6 million covid deaths later—there are 2,668.
One of the biggest global crises in modern history was a boon for some, creating 573 new billionaires—or one every 30 hours—according to Oxfam’s newest report on inequality, presented today at the World Economic Forum in Davos (pdf).
Check for Bias
The AI-powered AllSides Bias Checker instantly reveals the bias of a news article. Tap the button to use.
Related Coverage
AllSides Picks
Headline Roundup
September Jobs Report Adds 29,000 Jobs, Less Than Expected
October 2nd, 2026
Headline Roundup
South Korea Pushes Back on Trump's $54B Alaska LNG Investment Claim
October 1st, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
October 2nd, 2026
The Insight
The Insight: How Much Are Trade Battles Costing You?
AllSides Staff
September 11th, 2026