Press Release

  • New poll of 3900 millionaires in G20 countries finds six in ten think President Trump has had negative impact on global economic stability.

  • Nearly 80 percent of millionaires think super-rich buy political influence.

    Nearly 400 millionaires from 24 countries - including Mark Ruffalo, Brian Eno, and Abigail Disney - sign open letter to world leaders at Davos calling on them to tax the super-rich tax the super-rich.

When even millionaires, like us, recognise that extreme wealth has cost everyone else everything else, there can be no doubt that society is dangerously teetering off the edge of a precipice. We are worn out watching this happen. We want our democracies back. We want our communities back. We want our future back.

New figures from Oxfam International show just how vast the public to private wealth transfer has been over the last 50 years. The richest 1% now own three times more wealth than the world’s total public wealth. In 1975 the gap between public and private wealth was around $36 trillion, by 2024 the difference was $435 trillion and if this growth continues on the same trajectory, by 2075, private wealth will have surged ahead of public wealth by almost $900 trillion.

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