Billionaire wealth surged in 2024, says Oxfam

Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Move over billionaires. The first trillionaires are on their way.