Oxfam: 'The five richest people in the world doubled their wealth from 2020 to last year'

* The combined wealth of Elon Musk, Bernard Arnault, Jeff Bezos, Larry Ellison and Warren Buffett was $869 billion as of November 2023, according to the organization and #39;s report
* 'If current trends continue, the world will have its first trillionaire in a decade, but poverty will not be eradicated for another 229 years,' according to Oxfam
* The organization calls for reducing the 'power of corporations' by breaking up monopolies and taxing excess profits

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