Watch FIFA World Cup 2026™

LIVE, FREE and EXCLUSIVE

Australia's richest 1% own more than twice as much as half the country together

Gina Rinehart is Australia's wealthiest person

Gina Rinehart is Australia's wealthiest person Source: AAP

The growing inequality is part of a global trend, according to charity Oxfam, which released its findings ahead of this week's World Economic Forum in Switzerland.


Published

Updated

By Abbie O'Brien

Source: SBS


Share this with family and friends


The growing inequality is part of a global trend, according to charity Oxfam, which released its findings ahead of this week's World Economic Forum in Switzerland.



Latest podcast episodes

Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world