Charity says superrich 4,000 times more likely to hold political power than others, and own all social media companies, in report released to coincide with the opening of the WEF’s annual meeting in Davos.
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International aid organisation Oxfam has released its annual report on rising inequality, expressing concern that billionaires are not only wealthier than ever but are also cementing their control over politics, media and social media.
The report released on Sunday also underscored the widening chasm between the haves and have-nots in a world beset by conflicts and multiplying protests.
