Billionaire wealth surged in 2024, says Oxfam

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.
Billionaire wealth on the rise, says Oxfam, warning of 'aristocratic oligarchy'
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year,
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.
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
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 ...
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
Oxfam America12d
7 ways you helped Oxfam fight for a more just and equal future in 2024
2024 was a year of unparalleled humanitarian crises. At top of mind are the conflicts, protracted crises, and severe weather ...
Truthout2d
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.
Legit on MSN2d
Oxfam Warns Of 'Aristocratic Oligarchy' As Elites Descend On Davos Forum
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
Musk, Zuckerberg and Huang among 5 people now expected to become trillionaires within 10 years
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that ...
What Is An Oligarchy? Is US Set To Become One With Tech Billionaires Backing Trump? Explained
Although the word ‘oligarchy’ has been associated with Russian oil tycoons. But the analysis of 1,779 recent policy outcomes ...
Crypto’s ‘new dawn’, Musk’s lawfare and a flurry of protests: Here’s what took place at Davos on Tuesday
Davos—where the world's richest and most powerful huddle together for public talks. Here's what happened at the forum on ...