- Oxfam has recently released its report on “Pandemic Billionaires”. As per report, covid has not only took livelihood for millions but it has also created new billionaires.
- As per report, people in Asia witnessed their wealth zoom during the covid-19 pandemic. These people were mostly associated with pharmaceuticals sector.
- By March 2021, profits from the pharmaceuticals, services required to fight covid and medical equipment made 20 people rich even amid the lockdowns and economic stagnation.
- These people were from India, China, Japan and Hong Kong.
Tags:
Economics
