Who is most likely to be the world’s first trillionaire?
A report by Oxfam has revealed the man most likely to become the world's first trillionaire
Bill Gates has been predicted as the man most likely to be the world’s first trillionaire, by a new report published by the charity Oxfam, UK website The Independent has reported.
The report predicts that the founder of Microsoft will likely reach the mammoth milestone within the next 25 years.
Oxfam revealed that since 2015 the top one percent of the world’s richest had more wealth than the other 99 percent. The report also revealed that the top eight men had the same amount of money as the 3.6 billion people that make up the poorest half of the planet.
The charity argues that the statistics show the current economic growth is benefitting disproportionately those who are already rich.
Gates is reported to have a net worth of $85 bln and, says the report, could ‘easily’ be a trillionaire by the time he is 86.
Also Read
-
British economy closed out 2016 with robust growth
trong consumer spending supported expansion of the dominant services sector Economy -
Saudi arms deals proven to contribute to the US economy
The kingdom is one of the biggest customers for US arms, making up to 10 percent of the total export in past years. In the last eight years Economy -
Lebanon’s Hariri seeks $10 bln foreign investment amid refugee crisis
Hariri appealed for funding for a three-year plan aimed at equipping Lebanon to better withstand the refugee influx and shore up its economy Middle East -
Al Arabiya from Davos: Future of Arab economies
Al Arabiya’s Senior Business Presenter Lara Habib moderates a panel of Arab diplomats and the founder of Blockchain Economy
