World will see first trillionaire in next 10 years
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People used to want to be a millionaire. Now, they want a billion dollars. Oxfam said that in the next ten years, the world will have its first trillionaire. A trillion is a one, followed by 12 zeros. The rich are becoming richer; and the poor poorer. Oxfam said fighting poverty will take 200 years.
The world's five richest people have doubled their wealth since 2020. However, almost five billion people have become poorer. Tesla CEO Elon Musk is worth $250 billion. The AP news agency said a trillionaire would be as rich as Saudi Arabia. Oxfam said we need public action to reduce the wealth gap.
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