Dive into the features you want to see

Abortion alcohol alcohol free america Art artist spotlight awards beer Belfast best best looking Best New Music beyond the pale booze Brexit British Cannabis cbd Cheese chocolate Christmas climate change closure Coffee collaboration College Green Comedy cooking counter culture counterculture Cover Story Covid Culture DC Films Derelict Ireland Direct Provision Drink drug Drugs Dublin Dublin City Council Dublin International Film Festival easter Entertainment Environment equality Fashion feature feminism Festival Film First Listen Food gaeilge Gaming General News gift gifts Gigs Graphic Design guinness harm reduction Harry Styles healthcare Heaters Heatwave heist Hennessy Homelessness Housing HSE ice cream Identity instagram Interview introduction to ireland Irish Irish coffee Irish News irishmade justice Justice League Kanye West launch Leonardo DiCaprio LGBTQ+ List Lists Literature Living Hell Lockdown Index Made by District Made in Ireland magdalene laundries meme Mental Health menu merch metoo Michelin mural Music narolane new menu New Music News nightclub nom non-binary nphet One of everything Opener Openers opening openings Opinion Pairing pancakes Photography Pints Podcasts Politics pop up pop ups potatoes Premiere presents Pride queer Ray Fisher reservations Restaurants restrictions rugby Science Shebeen Shite Talk shitetalk signature dish Skateboarding small batch Social Media soup Space Subset sustainability tacos Taxis Technology Television The Big Grill theatre Thumbstopper tiktok To Be Irish Top 10 Tracks Top Ten Tracks Traffic Trans rights Transport Travellers trends TV Ukraine Ultimate Food Guide vegan Visual Art vodka Weed where to eat whiskey wine Women's rights Workman's youtube
General News / January 20, 2020

Ireland has the 5th largest number of billionaires per capita in the world

General News / January 20, 2020

Ireland has the 5th largest number of billionaires per capita in the world

A new report published by Oxfam has noted some alarming statistics surrounding inequality.

Ahead of the World Economic Conference Forum in Switzerland in Davos this week Oxfam has published a report detailing the world’s economic inequality.

‘Time To Care’, illustrates the rampant inequality currently present in today’s world and suggests solutions and advice to stall the spiralling disparity.

The main take away from the report is that the world’s 2,153 billionaires have more wealth between them than a combined 4.6 billion people.

Oxfam state that Ireland has a disproportionately high number of billionaires for its population size – 17.

This number highlights the fact that Ireland reflects a  global trend  of wealth inequality.

Placing fifth after Hong Kong, Cyprus, Switzerland and Singapore in its number of billionaires relative to the size of the population Ireland has some of the highest levels of wealth inequality in the European Union.

Proposals made by Oxfam are to increase taxes on billionaires and other hyper-wealthy people by 0.5% to reduce the huge inequality that prevails.


An alarming stat to come from the report was that if someone saved $10,000 a day since the Egyptian pyramids were constructed they would still be 80% less wealthy than the world’s five richest billionaires.

Click here to read the full report from Oxfam.