Africa’s wealth disparity has reached unprecedented levels, with just four billionaires now holding more wealth than 750 million people combined – half the continent’s population.
According to a report from Oxfam entitled Africa’s Inequality Crisis and the Rise of the Super-Rich, released on Thusday, Nigerian billionaire Aliko Dangote, South Africans Johann Rupert and Nicky Oppenheimer and Egyptian businessman Nassef Sawiris control a combined $57.4 billion (€49.07bn).
This staggering concentration of wealth highlights the deepening inequality across the continent, the report warns.
Number of African-born millionaires to skyrocket over next decade: report
That is what the Billionaire’s in US are aiming for. That is why they are dismantling all the government systems so that those tax monies are directly funnelled to them for no real services rendered.