Billionaire wealth surged in 2024, says Oxfam

Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
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
Billionaire wealth surged in 2024, says Oxfam as world leaders meet for Davos
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.
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.
Oxfam: Wealth of billionaires is growing ever faster
The wealth of the world's super-rich is growing ever faster, a study published on Monday by the development organization Oxfam has shown ahead of the World Economic Forum (WEF) in Davos. According to the report,
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.
Billionaires' wealth soared in 2024, anti-poverty group says as the elites head to Davos
Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported Jan. 20 as some of the world's political and financial
How billionaire wealth surged by R106 billion a day in 2024
Billionaires around the world saw their combined fortunes swell by a staggering $2 trillion (R37. 29 trillion) in 2024.
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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