Billionaire wealth surged in 2024, says Oxfam
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 $100 million per day over the past ten years.
The charity’s report argues that the UK owes reparations to the colonial country for extracting money between 1765 and 1900 ...
The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, ...
In a startling revelation, Oxfam’s latest report has exposed the surging inequality in Nigeria, where the wealth of the ...
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations ...
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.
Costs should be borne by the richest, who benefited the most from colonialism, says charity ...
Oxfam Nigeria, a non-profit organisation, has warned that the wealth gap in Nigeria has reached crisis levels, with 70 ...
Over the course of colonialism from 1765 to 1900, the United Kingdom (UK) drew an astounding $ 64.82 trillion from India, as ...
Move over billionaires. The first trillionaires are on their way.
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