Billionaire wealth surged in 2024, says Oxfam

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 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.
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 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.
Oxfam: World’s first trillionaires to emerge within a decade
The development organization Oxfam predicts that the world’s first trillionaires could emerge within the next decade. The report highlights that the wealth of the ten richest billionaires has grown by an average of $100 million per day over the past ten years.
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 percent of the population experiencing hunger.
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
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Oxfam Report Exposes Nigeria’s Growing Wealth Inequality
In a startling revelation, Oxfam’s latest report has exposed the surging inequality in Nigeria, where the wealth of the ...
UK Extracted Wealth From India Worth $33.8 Trillion Between 1765-1900, Enough To Carpet Surface Area Of London: Oxfam
According to authors Utsa Patnaik and Prabha Patnaik, of the US$64.82 trillion extracted from India by the UK over a century ...
Britain should pay reparations to India, Oxfam report suggests
Costs should be borne by the richest, who benefited the most from colonialism, says charity ...
Billionaires growing richer faster than ever, says Oxfam
Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 per day.
Richest 10% Got Over Half Of What UK Extracted From India During Colonialism: Oxfam Report
On money extracted from India by the UK during over 100 years of colonialism between 1765 and 1900, Oxfam said that beyond ...
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UK's Richest People Accumulated Wealth Through Colonialism, MNCs Continue To Exploit Global South Like East India Company: Oxfam Report
Over the course of colonialism from 1765 to 1900, the United Kingdom (UK) drew an astounding $ 64.82 trillion from India, as ...
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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 ...
British mass murderer Axel Rudakubana pleads guilty to dance school stabbings
Axel Rudakubana, 18, on Monday unexpectedly pleaded guilty in the Liverpool Crown Court to the stabbing deaths of three young ...