Billionaire wealth surged in 2024, says Oxfam

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.
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 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.
Billionaire wealth soars three times faster by $2 trillion in 2024: Oxfam
Billionaire wealth across the globe surged by USD 2 trillion in 2024 to USD 15 trillion at a rate three times faster than the previous year, a study showed on Monday here as the richest of the world began to assemble for their annual jamboree in this ski resort town.
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.
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
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.
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.
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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 ...
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, ...
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Aussie billionaires make $67k per hour: Oxfam
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make.
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How are billionaire and corporate power intensifying global inequality?
Corporations and billionaires are increasing their wealth at astounding rates while the rest of us are suffering the consequences of their greed. Oxfam’s new report, “Takers, Not Makers,” explores ...
TheCable1d
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 ...
10 pc richest in UK extracted wealth from India worth $33.8 trillion between 1765-1900: Oxfam
Between 1765 and 1900, the richest 10 per cent in the UK extracted wealth from India alone worth US$33.8 trillion in today’s ...
UK's Richest 10% Extracted Half Of Wealth From India During Colonialism: Oxfam
The UK extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of ...
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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 ...