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Billionaire wealth surged in 2024, says Oxfam

Hosted on MSN · 1d

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.

World Socialist Web Site · 4h

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.

Billionaire Wealth Surged By $2 Trillion Last Year, Report Shows

Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.

13hon MSN

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 ...

22hon MSN

Billionaires' wealth skyrocketed last year, anti-poverty group says ahead of Davos gathering

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...

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.

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 ...

2h

Billionaire fortunes surge rapidly in 2024

In 2024 alone, the fortunes of billionaires expanded by USD2 trillion, equating to more than USD5.7 billion daily—three times ...

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