India's billionaires added $308 million a day to their wealth in 2018

Pedro Gonçalves
clock • 1 min read

The wealth of Indian billionaires grew by an 39% rate a day last year, adding $308m to their fortune every 24 hours, according to an Oxfam report released this Monday. By contrast, the bottom half of the population in India only saw a 3% increase in their wealth last year, with India's poorest 10% having been in debt since 2004.   Between 2018 and 2022, India is estimated to produce 70 new dollar millionaires every day, Oxfam said.     The report "Public Good or Private Wealth", rele...

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