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Food and energy tycoons made $1 billion every 2 days amid soaring inflation while millions 'are skipping meals, turning off the heating': Oxfam
1 month ago | By Business Insider
Food prices around the world are soaring. Frederic J. Brown/AFP/Getty Images
Food and energy billionaires made $453 billion in the last two years, per Oxfam.
Energy and food prices have skyrocketed due to the COVID-19 pandemic and the war in Ukraine.
US consumer inflation is hovering around a four-decade high.
Soaring food and energy prices are hitting consumers the world over - but they have boosted the wealth of billionaires in these sectors by about $453 billion in the last two years, or about $1 billion every two days, according to Oxfam. The surge in billionaires' fortunes comes as...
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