CNBC
By Jenni Reid
January 15, 2024
The world’s five richest men have more than doubled their vast wealth since 2020, according to an Oxfam report, as the charity calls for curbs on “corporate power.”
The report found that the combined fortune of the world’s wealthiest people — Tesla
CEO Elon Musk, LVMH
boss Bernard Arnault and family, Amazon
founder Jeff Bezos, Oracle
founder Larry Ellison, and veteran investor Warren Buffett — has jumped from $405 billion in March 2020 to $869 billion in November 2023. Oxfam used data from Forbes and Wealth X which has not been independently verified by CNBC.