Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
In total, billionaire wealth skyrocketed by $2 trillion, adding more than 200 individuals to this cohort. The accumulation of ...
mwnation6h
Poor-rich gap widens
Malawi’s richest 10 percent are in control of about a third of the national income, highlighting persisting inequality gaps, ...
PBS20h
Billionaires’ wealth soared in 2024, at least five trillionaires expected in next decade, anti-poverty group says
The anti-poverty group Oxfam International's latest report on global inequality is calling for caps on CEO pay, better ...
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 ...
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Oxfam tasks governments on reduction of inequality in Nigeria
Oxfam, an international non-governmental organisation, has urged all tiers of government to tackle inequality and wealth gap ...
Oxfam America1d
President Trump to be a leader “of and for billionaires,” — Oxfam
Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin ...
The Nation Newspaper1d
Dangote’s, other billionaire’s wealth grew by $2tr in 2024, says Oxfam report
The wealth of the world’s billionaires including Nigeria’s Aliko Dangote, Tesla and SpaceX chief executive, Elon Musk and ...
Billionaires’ wealth soared in 2024, anti-poverty group says
OxFam International’s research adds weight to a warning by outgoing President Joe Biden last week of a “dangerous ...
modernghana.com2d
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 ...
Why to tax the ultra-rich: Oxfam report highlights growing wealth of billionaires
In 2024, the wealth of the world’s billionaires soared by an astounding $2 trillion (£1.64 trillion), a growth rate three times faster than the previous year, a ...
Billionaire wealth soars three times faster by $2 trillion in 2024: Oxfam report
The year 2024 saw 204 new billionaires getting minted -- an average of nearly four every week. Asia itself got 41 new ...