The world could have its first trillionaire within 10 years, while most of us are getting poorer, report says

• The world is not far off seeing its first trillionaire, Oxfam predicted.
• Oxfam's annual inequality report said the world's five richest men had collectively doubled their wealth since 2020.
• But most people have gotten poorer in that period, the report said. 

The world could mint its first trillionaire within a decade as the majority of us gets poorer, according to a new report.

The prediction came in Oxfam's annual inequality report, published on Monday to coincide with the World Economic Forum in Davos, Switzerland.