New Zealandâs richest citizen, Graeme Hart, has seen his fortune increase by NZ$3,494,333,333 since March 2020 â a sum equivalent to over half a million New Zealanders receiving a cheque for NZ$6,849 each, reveals a new analysis from Oxfam today.
The New Zealand analysis precedes a global report being published by Oxfam at 1pm NZT today, released to coincide with the opening day of the World Economic Forumâs âDavos Agendaâ. It shows how the rigged economic system is enabling a super-rich elite to amass wealth in the middle of the worst recession since the Great Depression while billions of people and businesses are struggling to make ends meet.