Irish billionaire earns average annual wage in just over seven hours, Oxfam finds

In Ireland, the report said 11 billionaires are wealthier than 3.5 million people combined.

In Ireland, the report said 11 billionaires are wealthier than 3.5 million people combined.

It takes an Irish billionaire less than a normal work shift — around 7.3 hours — to earn what the average person here earns in a year, according to a new report.

Oxfam’s Resisting the Rule of the Rich said there are now more billionaires globally than at any other time, and that this concentration of extreme wealth is driving an “inequality emergency” and eroding democracy.

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