Davos Spotlight: Billionaires' Riches Triple As Anti-Poverty Advocates Warn of 'New Aristocracy'
Billionaire wealth surged by $2 trillion in 2024, growing three times faster than the previous year, as global inequality widened, Oxfam reported during Davos. The group warns of a "new aristocracy," with at least five trillionaires expected by 2034.
Billionaires' wealth soared in 2024, anti-poverty group says as the elites head to Davos
Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported Jan. 20 as some of the world's political and financial
Billionaire wealth growing at 'unimaginable' rate as poverty persists, Oxfam says
Oxfam's annual inequality report shows the rapid acceleration of wealth accumulation by the world's richest in 2024, as 44 percent of the world continues to live in poverty. FRANCE 24's Business
Billionaires' wealth grow three times faster in 2024, says Oxfam report
According to Oxfam International, the wealth of billionaires globally grew three times faster in 2024 compared to the previous year, just as many of
Billionaire Wealth Soars While Global Poverty Stagnates, Oxfam Report Warns of Growing Inequality
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times
Billionaires’ wealth soared in 2024, anti-poverty group says
OxFam International’s research adds weight to a warning by outgoing President Joe Biden last week of a “dangerous concentration of power in the hands of very few ultra-wealthy people.”
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.
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.
Billionaires’ wealth soared in 2024, at least five trillionaires expected in next decade, anti-poverty group says
The anti-poverty group Oxfam International's latest report on global inequality is calling for caps on CEO pay, better salaries for workers, and echoes former President Joe Biden's call for higher taxes on the wealthiest to get them to pay their fair share.
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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.
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 ...
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 ...
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
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World’s Billionaires Saw Fortunes Rise by $2 Trillion in 2024
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
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Poor-rich gap widens
Malawi’s richest 10 percent are in control of about a third of the national income, highlighting persisting inequality gaps, ...
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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Get ready for the world’s first trillionaires
The Oxfam report, which draws on data compiled by Forbes, is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the ...