Is Oxfam right about the worlds richest and poorest people?

Published: Jan. 27, 2024, 6 a.m.

We investigate Oxfam\u2019s claim that \u201csince 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\u201d.

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\u2019s 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\u2019s poorest people, measurements of wealth don\u2019t always tell us what we really need to know.

Presenter: Tim Harford\nProducer: Debbie Richford \nProduction Co-ordinator: Brenda Brown\nSeries Producer: Tom Colls\nSound Mix: Hal Haines\nEditor: Richard Vadon

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