World's richest see fortunes double since 2020 while global inequality increases

The two richest Irish billionaires have more wealth than the bottom half of the population - Oxfam

Elon Musk's net worth is now estimated to be approximately $230bn.

The fortune of the five richest men in the world has doubled since 2020 while five billion people were made poorer in that time, a new report from charity Oxfam has found.

The five richest men in the world include Elon Musk, chief executive of Tesla and owner of X formerly known as Twitter; Bernard Arnault, chief executive of luxury goods conglomerate LVMH; Jeff Bezos of Amazon, Larry Elison of Oracle, and Mark Zuckerberg of Meta.