Extreme inequality and poverty

As billionaires, government leaders, and corporate executives return from the annual World Economic Forum in Davos, Switzerland, the world faces a dramatic, dangerous, and destructive set of simultaneous crises.

Poverty has increased for the first time in 25 years. As millions of people face extreme hunger and crushing inflation, the very richest in our society have become dramatically richer and corporate profits have hit record highs—driving an explosion of inequality.

Survival of the Richest, our new report on inequality, lays out the facts about the growing concentration of billionaire and corporate wealth—and how taxing the very richest can set us on the path to a more equal and sustainable world free of poverty.

Did you know that the richest 1 percent have captured nearly two-thirds of all new wealth created in the world since 2020? What about that billionaire fortunes are increasing by $2.7 billion a day while crushing inflation outpaces the wages of 1.7 billion workers? Test your knowledge—and learn what taxing the super-rich could mean for ending poverty and injustice.