Globally, billionaires’ wealth increased more in the first 24 months of Covid than in the previous 23 years combined. Irish billionaires have increased their wealth by nearly €16 billion since the start of the Covid-19 pandemic. The figures were published in Oxfam’s ‘Profiting From Pain’ report on Monday and revealed that Ireland’s nine billionaires increased […]

4 years ago

The 10 richest men in the world doubled their fortunes while incomes of 99% of humanity fell. Ireland’s nine billionaires have increased their wealth by €18.3 billion to €49.7 billion since the start of the pandemic. The statistic was published by Oxfam in its Inequality Kills report on Monday (17 January). According to the report, […]

4 years ago

“In Ireland, the fallout of the pandemic on employment has disproportionately hit young adults as well as people in low-paid occupations, all of whom are more likely to be paying rent.” The wealth of Ireland’s billionaires increased by €3.28 billion during the Covid-19 pandemic, a new report from Oxfam has claimed. The charity’s Inequality Virus […]

5 years ago

Only Hong Kong, Cyprus, Switzerland and Singapore have more billionaires per capita than Ireland. Ahead of the start of the World Economic Forum in Switzerland, Oxfam has released a report highlighting how “out of control” financial inequality has become across the world. Interestingly, the report, titled Time To Care, found that Ireland now has the fifth largest number […]

6 years ago