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World s ultra-wealthy don t follow market trends, buying a Lamborghini or Ferrari is always on the list

Jeff Bezos: Rich get richer in pandemic: Collective wealth of billionaires like Elon Musk, Jeff Bezos reaches $11 95 trillion

LONDON: Billionaires including Amazon s Jeff Bezos and Tesla founder Elon Musk have seen their wealth soar during the COVID-19 pandemic while the world s poor face years of hardship, charity Oxfam said on Monday as it demanded steps to tackle inequality. Nations have a shrinking window of opportunity to build a fair, green recovery, according to The Inequality Virus report, published as global leaders tune in for the World Economic Forum s virtual Davos Dialogue meeting. We stand to witness the greatest rise in inequality since records began, Gabriela Bucher, executive director of Oxfam International, said in a statement as the charity called for higher wealth taxes and stronger protections for workers.

indra nooyi: Don t idolise positions: Indra Nooyi wants students to draw inspiration from people who see the cup as half full

WASHINGTON: PepsiCo s former CEO Indra Nooyi has advised Indian students in the US not to idolise people based on their positions, but to draw inspiration from those who see the cup as half full . During a video conference with Embassy of India Student Hub last week, the 65-year-old Indian-American business executive said, Don t just say to yourself someone who inspires me has to be in a position that is higher.It is people who can handle crises in an interesting way that you should draw inspiration from. . @IndiaStudentHub starts the New Year with Indra Nooyi! Gratitude to @IndraNooyi for always inspiring the younger… https://t.co/rXuNLUcqQX India in USA (@IndianEmbassyUS) 1610745326000

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