
Australia’s richest 47 make $28 billion in a year
Australia’s billionaires are raking in a mind-blowing $67,000 an hour on average—over 1,300 times more than the typical Australian worker. This startling statistic, revealed in a new Oxfam report, paints a vivid picture of the growing wealth gap in the country. While Australia’s 47 billionaires saw their collective wealth soar by $28 billion in 2024,…