But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes from either inheritance, cronyism and corruption or
A recent report by Oxfam International reveals a shocking truth. During colonial rule, the UK took around $64.82 trillion from India. Most of this wealth went to the richest 10% of people.
· 2d · on MSN
Billionaire wealth surges to 'unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
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Oxfam says world ruled by “aristocratic oligarchy,” as billionaire wealth surges by $2 trillion
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.
The charity’s report argues that the UK owes reparations to the colonial country for extracting money between 1765 and 1900
The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, according to a new report by Oxfam. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations monopolies with overseas expansion. The UK extracted $64.82 trillion from India over a century of colonialism between 1765 and 1900,
In a startling revelation, Oxfam’s latest report has exposed the surging inequality in Nigeria, where the wealth of the richest continues to grow
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times
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.
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make.
The global elite returned to the Swiss town of Davos this week as the Oxfam charity revealed that the rich are getting richer. The annual meeting of the World Economic Forum (WEF) comes amid climate disaster, war in the Middle East and Ukraine and Donald Trump’s inauguration.
Milford-based chamber choir Choralia are hoping to provide an antidote to the winter blues with a new year concert in support of Oxfam.
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