Salaries in Italy to remain unchanged in 2025: billionaires to earn an additional 150 million per day

Salaries in Italy to remain unchanged in 2025: billionaires to earn an additional 150 million per day

Milan, 19 January (LaPresse) – Over the last year, the wealth of Italian billionaires has increased, in real terms, at a rate of €150 million per day, for a total of €54.6 billion, while poverty is spreading among families who rent, especially those with children or of foreign origin. This is according to an analysis by Oxfam, which denounces ‘unsustainable wealth gaps.’ The study reports that today, the richest 5% of Italian families own half of the national wealth and, in 15 years, have benefited from 91% of the increase in national wealth, while the poorest half of the population has received just 2.7%. Meanwhile, real wages are still below pre-Covid levels: between 2019 and 2024, the cumulative loss of purchasing power of contractual wages stood at 7.1 percentage points. And for 2025, only a modest recovery of just +0.5 percentage points is estimated. “Wage stagnation continues unabated and is accompanied by long-term growth in wage inequality and the incidence of in-work poverty. Between 1990 and 2018, the share of low-paid workers in the private sector rose from 26.7% to 31.1%,” the text reads.

© Copyright LaPresse