Billionaire wealth surged in 2024, says Oxfam

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.
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.
Billionaire Wealth Surged By $2 Trillion Last Year, Report Shows
Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.
Oxfam: Billionaires growing richer faster than ever
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a report published by development organization Oxfam said. Published ahead of the World Economic Forum (WEF) in Davos,
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.
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
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 Editor Charles Pellegrin speaks with Oxfam International's Executive Director Amitabh Behar at the opening of the World Economic Forum in Davos,
New Oxfam report claims billionaire wealth grew by $2 trillion in 2024 alone
Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before, Oxfam said in its report on Monday.
Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
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'Oxfam data breach due to outdated firewalls'
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Oxfam ‘weaponising history’ with claim Britain owes India £52 trillion
The charity’s report argues that the UK owes reparations to the colonial country for extracting money between 1765 and 1900 ...
Five Trillionaires Predicted to Emerge in Next Decade: Report
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Uk stole 64 82 trillion from india during colonial rule oxfam report 5 shocking facts colonialism dark legacy
A recent report by Oxfam International reveals a shocking truth. During colonial rule, the UK took around $64.82 trillion ...
UK billionaires got £35m richer each day in 2024, says Oxfam
The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, ...
UK’s wealthiest 10% took half of India’s wealth during colonial era: Oxfam
Drawing on a range of studies and research papers, Oxfam calculated that between 1765 and 1900, the richest 10 percent in the ...
Britain should pay reparations to India, Oxfam report suggests
Costs should be borne by the richest, who benefited the most from colonialism, says charity ...
Britain should give India back its artefacts in lieu of £52trn in colonialism reparations, says historian
Oxfam report says wealth extracted from India between 1765 and 1900 would be a sum large enough to ‘carpet the surface area ...