Inequality Inc

Since 2020, the richest five men in the world have doubled their fortunes. During the same period, almost five billion people globally have become poorer. Hardship and hunger are a daily reality for many people worldwide.

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Oxfam is a global organization with affiliates in 20 countries. To see the information that is most relevant for you, visit your local Oxfam.

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Wealth of five richest men doubles since 2020 as five billion people made poorer in "decade of division," says Oxfam

The world’s five richest men have more than doubled their fortunes from $405 billion to $869 billion since 2020 —at a rate of $14 million per hour— while nearly five billion people have been made poorer, reveals a new Oxfam report on inequality and global corporate power. If current trends continue, the world will have its first trillionaire within a decade but poverty won’t be eradicated for another 229 years.

Open Call for an Immediate Ceasefire

#CeasefireNow: Open Call for an Immediate Ceasefire in the Gaza Strip and Israel to Prevent a Humanitarian Catastrophe and Further Loss of Innocent Lives. We have witnessed unfathomable death and destruction in the Gaza Strip and Israel. Thousands of people have been killed, injured, displaced, and nearly two hundred remain held hostage, including children and elderly.

How rich-country government and World Bank funding to for-profit private hospitals causes harm, and why it should be stopped

Development finance institutions owned by European governments and the World Bank Group are spending hundreds of millions of dollars on expensive for-profit hospitals in the Global South that block patients from getting care, or bankrupt them, with some even imprisoning patients who cannot afford their bills.

UNRWA funding cuts threaten Palestinian lives in Gaza and region, say 20 NGOs

Oxfam among 20 aid organizations deeply concerned and outraged that some of the largest donors have suspended funding for the United Nations Relief and Works Agency (UNRWA), the main aid provider for millions of Palestinians in Gaza and the region. These aid cuts come amid a rapidly worsening humanitarian catastrophe in Gaza.

Southern African countries face “terrifying and overwhelming” cholera outbreak as COVID-19 cases surge - Oxfam

Malawi, Mozambique, Zambia and Zimbabwe are facing an unprecedented surge of cholera cases, Oxfam warned today. The aid agency says the situation could become uncontrollable and difficult to manage due to a steady increase of COVID-19 cases and the onset of the rainy season, especially as the majority of vulnerable communities have no access to clean water and sanitation facilities - both of which are essential to prevent the spread of cholera.

Nearly three quarters of millionaires polled in G20 countries support higher taxes on wealth, over half think extreme wealth is a “threat to democracy”

A staggering new poll has revealed that support for higher taxes on wealth is popular with dollar millionaires from across G20 countries. It comes as 260 millionaires and billionaires have signed a new letter demanding world leaders increase their taxes, to coincide with the World Economic Forum in Davos, Switzerland. The polling is part of the “Proud to Pay More” report, published alongside the letter, which profiles some of the world’s wealthiest people on why they support higher taxes on themselves.

The future is equal

Oxfam is a global movement of people, working together to end the injustice of poverty. That means we tackle the inequality that keeps people poor. Together, we save, protect and rebuild lives when disaster strikes. We help people build better lives for themselves, and for others. we take on issues like land rights, climate change and discrimination against women. And we won’t stop until every person on the planet can enjoy life free from poverty.

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Oxfam works in 85 countries around the world. Choose a country to find out more.

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