Billionaire wealth surged in 2024, says Oxfam

Billionaire wealth surged in 2024, says Oxfam as world leaders meet for Davos
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.
Billionaires’ wealth soared threefold in 2024; Oxfam warns of growing inequality ahead of Davos summit
Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world’s political and financial elite prepared for an annual gathering in Davos,
Oxfam says world ruled by “aristocratic oligarchy,” as billionaire wealth surges by $2 trillion
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
Billionaires' wealth soared in 2024, anti-poverty group says as the elites prepare for another Davos
Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up ...
Oxfam says billionaires’ wealth soared in 2024, with 4 ‘minted’ every week
Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
Billionaire wealth growing at 'unimaginable' rate as poverty persists, Oxfam says
Oxfam's annual inequality report shows the rapid acceleration of wealth accumulation by the world's richest in 2024, as 44 percent of the world continues to live in poverty. FRANCE 24's Business
Billionaires' wealth grow three times faster in 2024, says Oxfam report
According to Oxfam International, the wealth of billionaires globally grew three times faster in 2024 compared to the previous year, just as many of
Billionaire Wealth Soars While Global Poverty Stagnates, Oxfam Report Warns of Growing Inequality
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.
Billionaire wealth surges as Oxfam predicts five trillionaires in decade
Billionaire wealth grew by $2tn in 2024, three times faster than the previous year, according to Oxfam's latest report on wealth. View on euronews
'We're in the era of the billionaire,' human rights expert says. Here's why wealth accumulation is accelerating
We’ve reached a new era now, we are in the era of the billionaire,” said Jenny Ricks, general secretary of the human rights ...
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"TaxTheSuperRich" is a protester motto at the Davos forum. Would that end inequality?
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to ...
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Billionaires now richer, more powerful, Oxfam warns
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their ...
Get ready for the world’s first trillionaires
Move over billionaires. The first trillionaires are on their way.
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World’s Billionaires Saw Fortunes Rise by $2 Trillion in 2024
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
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New ‘oligarchy’ under fire as elites descend on Davos
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from ...