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 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
Oxfam: Wealth of billionaires is growing ever faster
The wealth of the world's super-rich is growing ever faster, a study published on Monday by the development organization Oxfam has shown ahead of the World Economic Forum (WEF) in Davos. According to the report,
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.
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 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 surges to ‘unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.
Oxfam Says 5 Trillionaires Could Emerge In The Next Decade
Billionaire wealth surged in 2024, climbing from $13 trillion to $15 trillion in just one year, according to Oxfam’s annual inequality report. This marks the second-largest annual increase since the charity began tracking wealth.
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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A tax system that works for all of us
In the United States, we are inaugurating a president who is of and for billionaires and an administration that is set to be ...
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 ...
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Oxfam launches ‘Million pound pint’ campaign
Oxfam’s ‘Million Pound Pint’ campaign aims to highlight the disparity between the super-rich and the rest of the population.
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, ...
$150 million a day: The world's richest men's wealth soared last year, Oxfam says
The wealth of the world's 10 richest men grew US$100 million ($160 million) an hour on average last year, according to ...
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Oxfam: Nigeria’s wealth gap at crisis level… four billionaires’ wealth could cover Lagos in N500 notes
Oxfam Nigeria, a non-profit organisation, has warned that the wealth gap in Nigeria has reached crisis levels, with 70 ...
CBI files charge sheet in FCRA probe against Oxfam India
CBI alleged that Oxfam India was planning to create a structure to continue operations with foreign funds even after its FCRA renewal application was rejected.