The pandemic destroyed 225 million jobs worldwide, but billionaires got richer, reports find

At least 225 million full-time jobs disappeared worldwide last year because of the coronavirus pandemic, according to a report published Monday by the International Labor Organization, losses four times worse than those from the global financial crisis in 2009. But the ultrarich have seen their wealth soar.

According to another report released Monday, by the anti-poverty nonprofit group Oxfam, the combined wealth of the world’s 10 richest men has risen by more than $500 billion since the crisis began — enough to vaccinate the entire planet and then some, according to the organization.