Inequality is an essential precept of evolution, but it should not be artificially assigned by anything other than the merit of humanity’s evolutionary adaptability to nature.
Evolutionary inequality is innate to every animal and is bound to induce non-consent control of a few over others. Indeed, the cheap karma of equality, so prevalent in the hallways of populism, is an evolutionary lie. Any species’ survival depends on the never-ending expansion of a fractal of our meaningful differences, not on the regurgitation of the commonalities promoted by equality.
A male lion controls a harem of about 15 females, with those females generally catching the prey having to wait to eat until the male has had enough. Why are the female lions tolerating this behavior? Not in the least because the male lion will kill any female not falling in line. Thus, the survival of the females is predicated on absolute compliance to those inequalities. In return, the male lion will protect his harem from intruders with everything he has got, ensuring the strength in his prime is what breeds the renewal of strength in his offspring. Nature’s evolution relies on the value of differences.
So, as a consequence, the optics of inequality do not necessarily signal there is anything wrong with the situation you describe in your question.
But, I hasten to add that close observation of how wealth is accumulated identifies a grave manmade fallacy as the cause of the inequality you refer to. The remuneration of wealth is an artificial distribution of merit, I have written about ad nauseam, not at all in correlation with the strengthening of our species. Moreover, the operating-systems we conjured up to “save and outsmart” nature are in blatant violation of the rules of evolution those systems are ultimately subjugated to and instead cause accelerated atrophy of humanity in its current trajectory, unable to outlive the lifespan of a fruit fly.
So, we must tolerate and accept inequality as a vital precept to our evolutionary strengthening. But we shall not accept such inequality to be driven by anything other than our unequal contributions to strengthening our species’ renewal.
Extreme poverty is merely one consequence. There are many more of a lack of an evolutionary meritocracy accessible to all. As a result, we must work hard to abolish at the behest of the excellence of evolutionary cause, with a better operating-system for humanity that assigns wealth only to the individual or collective contributions of our evolutionary strengthening as a species.