{"id":1219661,"date":"2022-01-17T08:38:04","date_gmt":"2022-01-17T13:38:04","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1219661"},"modified":"2022-01-17T08:38:07","modified_gmt":"2022-01-17T13:38:07","slug":"profits-of-doom-globalist-elites-doubled-their-wealth-during-coronavirus-pandemic","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/profits-of-doom-globalist-elites-doubled-their-wealth-during-coronavirus-pandemic\/","title":{"rendered":"Profits of Doom: Globalist Elites Doubled Their Wealth During Coronavirus Pandemic"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fprofits-of-doom-globalist-elites-doubled-their-wealth-during-coronavirus-pandemic%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1219661&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p class=\"subheading\">As the world was buffeted by a coronavirus tsunami leaving forced lockdowns,&nbsp;supply-chain problems, economic upheaval, and poverty in its wake,&nbsp;globalist financial elites \u201chave had a terrific pandemic\u201d according to a report released Monday.<\/p>\n<p>The world\u2019s 10 richest men have more than doubled their fortunes to $1.9 trillion, at a rate of $1.6 billion a day, over the past 12 months, proving elites have largely been spared the misery and financial ruin inflicted on so many by endless enforced lockdowns.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>A confederation of charities that focus on alleviating global poverty, Oxfam said members of the globalist financial elites saw their wealth rose more during the pandemic more than it did the previous 14 years, when the world economy was suffering the worst recession since the Wall Street Crash of 1929.<\/p>\n<p>These are some of the main points from Oxfam\u2019s latest <a href=\"https:\/\/www.oxfam.org\/en\/research\/inequality-kills\">report<\/a>, Inequality Kills, which has been released as global business leaders meet virtually this week for the World Economic Forum (WEF) in Davos, Switzerland.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Elites Vs. Peasants: Hollywood Ditches The Masks Your Kids Must Wear <a href=\"https:\/\/t.co\/k7GO6D3jPB\">pic.twitter.com\/k7GO6D3jPB<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1440651078865854471?ref_src=twsrc%5Etfw\">September 22, 2021<\/a><\/p>\n<\/blockquote>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>\u201cWe have a situation where 10 men hold more wealth than that of two-thirds of humanity,\u201d Lyn Morgain, chief executive of Oxfam Australia, <a href=\"https:\/\/www.abc.net.au\/news\/2022-01-17\/oxfam-report-covid-pandemic-billionaires-increase-fortune\/100760968?utm_source=abc_news_web&amp;utm_medium=content_shared&amp;utm_campaign=abc_news_web\">told<\/a> Australia\u2019s ABC news outlet.<\/p>\n<p>\u201cNot only that, but that bottom 40 percent are hanging on by a thread.\u201d<\/p>\n<p>The report highlights what the charity says are \u201cunprecedented\u201d levels of global inequality as coronavirus sharpens the divide between \u201cus and them,\u201d the \u201chaves and have nots.\u201d<\/p>\n<div id=\"attachment_17149628\" class=\"wp-caption alignnone\"><a href=\"https:\/\/media.breitbart.com\/media\/2021\/07\/GettyImages-1329739160.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-17149628\" src=\"https:\/\/media.breitbart.com\/media\/2021\/07\/GettyImages-1329739160.jpg\" alt=\"Jeff Bezos speaks about his flight on Blue Origin\u2019s New Shepard into space during a press conference on July 20, 2021 in Van Horn, Texas. (Joe Raedle\/Getty Images)\" width=\"640\" height=\"480\" \/><\/a><\/p>\n<p class=\"wp-caption-text\"><em>Jeff Bezos speaks about his flight on Blue Origin\u2019s New Shepard into space during a press conference on July 20, 2021 in Van Horn, Texas. (Joe Raedle\/Getty Images)<\/em><\/p>\n<\/div>\n<p>Meanwhile the likes of Tesla co-founder Elon Musk, Amazon\u2019s Jeff Bezos, and Facebook\u2019s Mark Zuckerberg, enjoyed the greatest year-on-year growth since records began, the report outlined.<\/p>\n<p>At a time when a group of these men were using their riches to rocket into outer space, the charity said, the World Bank had projected that more than 160 million people had been pushed into poverty.<\/p>\n<p>In all, 20 new \u201cpandemic billionaires\u201d have also been created in Asia thanks to the international response to coronavirus, according to the charity.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The share of household wealth owned by global billionaires soared by a record amount during the coronavirus pandemic. <a href=\"https:\/\/t.co\/YZbEEZ42gp\">https:\/\/t.co\/YZbEEZ42gp<\/a><\/p>\n<p>\u2014 Breitbart News (@BreitbartNews) <a href=\"https:\/\/twitter.com\/BreitbartNews\/status\/1468283238615552000?ref_src=twsrc%5Etfw\">December 7, 2021<\/a><\/p>\n<\/blockquote>\n<p>Forbes listed the world\u2019s 10 richest men as: Tesla and SpaceX chief Elon Musk, Amazon\u2019s Jeff Bezos, Google founders Larry Page and Sergey Brin, Facebook\u2019s Mark Zuckerberg, former Microsoft CEOs Bill Gates and Steve Ballmer, former Oracle CEO Larry Ellison, U.S. investor Warren Buffet and the head of the French luxury group LVMH, Bernard Arnault.<\/p>\n<p>The Oxfam report follows a December 2021 study by the group which found that the share of global wealth of the world\u2019s richest people soared at a record pace during the pandemic.<\/p>\n<h5><em><span>Follow Simon Kent on Twitter:<\/span> <a class=\"twitter-follow-button\" href=\"https:\/\/twitter.com\/SunSimonKent\" data-show-count=\"false\">Follow @SunSimonKent<\/a> <span>or e-mail to: skent@breitbart.com<\/span><br \/><\/em><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>As the world was buffeted by a coronavirus tsunami leaving forced lockdowns,\u00a0supply-chain problems, economic upheaval, and poverty in its wake,\u00a0globalist financial elites \u201chave had a terrific pandemic\u201d according to a &#8230;<\/p>\n","protected":false},"author":82,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1219661","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1219661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/82"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1219661"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1219661\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1219661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1219661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1219661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}