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According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...

This forms part of rights group Oxfam International's latest flagship global inequity report released every year on the first day of the World Economic Forum Annual Meeting. The report ...

Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 ...

Oxfam’s 'Takers, Not Makers' report reveals Britain extracted $64.82 trillion from India during colonialism, enriching the UK's elite and middle class. It details the suppression of India’s ...

Advertisement As it does ahead of each Davos Forum, the Britain-based non-governmental organization Oxfam International released its annual report on the worsening state of global inequality.

The inauguration coincides with the launch of Oxfam’s annual report on inequality, “Takers, Not Makers,” which illustrates how billionaire wealth is growing at unimaginable pace while poverty remains ...

Oxfam International’s report highlights how colonial wealth extraction, particularly from India, has laid the foundation for modern economic inequalities, including the dominance of unearned ...

Oxfam’s examination of billionaire assets ... whose Amazon “empire” accounts for 70per cent or more of online purchases in Germany, France, the UK and Spain. The report argues that most ...

WEF 2025: Billionaire wealth rose three times faster last year, as per a new report. Even if the world’s 10 richest people lost 99% of their wealth overnight, they would still remain ...

The collective wealth of the world's billionaires rose by $2 trillion in 2024 to $15 trillion, according to a report published Monday by anti-poverty charity Oxfam International. The rapid ...

Oxfam made the prediction in its latest assessment of global inequality timed for the opening of the World Economic Forum meeting. The charity, which is focused on tackling global poverty ...