The wealth of the world’s billionaires has reached record highs at the peak of the coronavirus pandemic.
A new report by Swiss bank UBS says the richest elite have done ‘extremely well’ during the crisis.
That’s as millions of people are losing their jobs.
Another report by the World Bank expects extreme poverty to rise this year for the first time in more than two decades
Up to 115 million people could be pushed into that category, living on less than $2 a day.
The stark findings come amid rising concerns the health crisis is going to deepen income inequalities.
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