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Billionaire wealth surged in 2024, says Oxfam
Billionaires' wealth soared in 2024, anti-poverty group says as the elites prepare for another Davos
Billionaire's wealth has grown faster last year, and now the world can expect at least five trillionaires within a decade, even as the number of people in poverty has barely budged since 1990.
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.
Northcountrypublicradio.org
2h
"TaxTheSuperRich" is a protester motto at the Davos forum. Would that end inequality?
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to ...
14h
on MSN
World’s First Trillionaire Within 10 Years? Oxfam’s Dire Warning On Global Inequality – Details Here
Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest ...
中国日报网
1d
Billionaires now richer, more powerful, Oxfam warns
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their ...
1h
on MSN
‘We're in the era of the billionaire,' human rights expert says. Here's why wealth accumulation is accelerating
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be passed down to heirs.
Legit on MSN
2d
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 ...
Newser on MSN
2h
Jamie Dimon Is Blunt on Trump's Tariffs: 'Get Over It'
Put JPMorgan Chase CEO Jamie Dimon in the camp that's just fine with President Trump's potential tariffs. Speaking from the ...
mwnation
13h
Poor-rich gap widens
Malawi’s richest 10 percent are in control of about a third of the national income, highlighting persisting inequality gaps, ...
2d
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.
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