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Extreme wealth – how much is too much? A new measure for better economies, democracies, and societies

Wed, Oct 15, 2025, 11:00 AM - 12:30 PM

Organizers: Oxfam International; Patriotic Millionaires; ITUC; MenaFem; CESR; Christian Aid; LATINDADD; Bretton Woods Project; ICRICT; ANND; Norwegian Church Aid

Location: WBG I 2-250

The World Bank's new goal to end high inequality requires better measurement of both income and wealth. Research suggests an "extreme wealth line," like the extreme poverty line that spurred global action, could be beneficial. Is such a line needed for the wealthy, and if so, where should it be drawn?

• Moderator: Chuck Collins, Senior Scholar, Institute for Policy Studies

• Panelist 1: Kate Donald, Head of Office, Oxfam International, Washington DC

• Panelist 2: Michael Krake, Executive Director, World Bank

• Panelist 3: Rebecca Gowland, Executive Director, Patriotic Millionaires International

• Panelist 4: Jayati Gosh, Professor of Economics and ICRICT Commissioner