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Blake, Wm. The Goddess of Fortune. 1824.

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The world could see the first trillionaire within ten years, according to anti-poverty organization Oxfam International.

Amitabh Behar, Interim Executive Director of Oxfam: “We have the top five billionaires, they have doubled their wealth. On the other hand, almost 5 billion people have become poorer. Very soon, Oxfam predicts that we will have a trillionaire within a decade. Whereas to fight poverty, we need more than 200 years.”

Oxfam said Russia’s invasion of Ukraine in February 2022, which sent energy and food costs soaring, disproportionately hit the poorest nations.

Oxfam emphasizes the urgent need for effective taxation of the wealthiest and corporations to address growing global inequality.

Measures like permanent taxation of the ultra-rich in every country are proposed as part of an “inequality-busting” agenda, especially relevant as Brazil hosts this year's G20 summit.