The past year has seen millions plunged into poverty across the world – and in the UK alone it’s thought more than 250,000 people are now homeless. But the 2,200 billionaires across the globe have seen their wealth soar to record levels. Forbes magazine estimates they collectively earned £1.4 trillion in 2020.

In this episode of the Sky News Daily podcast, host Noel Phillips speaks to entertainment reporter Claire Gregory and technology reporter Alex Martin about how the super-rich are getting richer, how they got there, and what they’re spending their money on. Plus, we also hear from Alfie Stirling, director of research and chief economist at the New Economics Foundation, about how billionaires have been able to profit from the pandemic.

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