Main content

Is Oxfam right about the world’s richest and poorest people?

We investigate how Oxfam use wealth stats to illustrate the inequality between the world’s richest five people and poorest 5 billion.

We investigate Oxfam’s claim that β€œsince 2020, the five richest men in the world have seen their fortunes more than double, while almost five billion people have seen their wealth fall”.

With the help of Johan Norberg, Historian and Author of ideas and Felix Salmon, Financial Correspondent at Axios, we explore the figures behind the wealth of the richest and uncover what it really tells us about the world’s financial markets.

And Charles Kenny, senior fellow at the Centre for Global Development in Washington DC, helps us unpick why, when looking at the world’s poorest people, measurements of wealth don’t always tell us what we really need to know.

Presenter: Tim Harford
Producer: Debbie Richford
Production Co-ordinator: Brenda Brown
Series Producer: Tom Colls
Sound Mix: Hal Haines
Editor: Richard Vadon

(image: Elon Musk at the Viva Tech fair in Paris June 2023. Credit: Nathan Laine/Getty Images)

Available now

9 minutes

Last on

Mon 29 Jan 2024 00:50GMT

Broadcasts

  • Sat 27 Jan 2024 05:50GMT
  • Sat 27 Jan 2024 11:50GMT
  • Sat 27 Jan 2024 16:50GMT
  • Sun 28 Jan 2024 09:50GMT
  • Sun 28 Jan 2024 11:50GMT
  • Sun 28 Jan 2024 22:50GMT
  • Mon 29 Jan 2024 00:50GMT

Download this programme

Download this programme

Subscribe to this programme or download individual episodes.