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Money · 4 April 2026

Richest 0.1% hiding $2.8 trillion in offshore accounts

Richest 0.1% hiding $2.8 trillion in offshore accounts

Unsplash / Cristina Anne Costello

A tiny sliver of the world's wealthiest people are stashing more money offshore than the poorest four billion humans own combined. Oxfam International published the findings on Thursday in a new report on global tax avoidance. The $2.8 trillion figure exceeds the total wealth held by half of humanity.

Reported by Oxfam / Democracy Now · How we write briefs

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