It has been proven that income inequality is rising, with the richest 10% earning 40% of total global income, while the poorest 10% receive only between 2% and 7%. Considering population growth, inequality in developing countries has increased by 11%. Addressing growing inequalities requires robust policies that empower the lowest-income 10% and support economic participation for all, regardless of gender, race, or ethnicity. Income inequality is a global issue that needs global solutions, including improved regulation of financial markets and institutions and facilitating safe migration.