Jan 20, 2025 · Oxfam predicts there will be at least five trillionaires a decade from now. 204 new billionaires were minted in 2024, nearly four every week. Sixty percent of billionaire wealth is now derived from inheritance, monopoly power or crony connections, as Oxfam argues that “extreme billionaire wealth is largely unmerited.” Richest 1 percent in …

Jan 19, 2025 · Ahead of President Trump’s inauguration, Oxfam published its annual inequality report showing how billionaire wealth grew by $2 trillion in 2024, equivalent to roughly $5.7 billion a day, according to Forbes data.

The richest 1 percent grabbed nearly two-thirds of all new wealth worth $42 trillion created since 2020, almost twice as much money as the bottom 99 percent of the world’s population, reveals a new Oxfam report today.

Jan 20, 2025 · Billionaire wealth has risen three times faster in 2024 than in 2023. At least five trillionaires are now expected within a decade. Meanwhile, the number of people living in poverty has barely changed since 1990. Inequality is out of control. Our latest annual inequality report, “Takers Not Makers” explores how most billionaire wealth is taken, not earned - …

Jan 20, 2025 · Global billionaire wealth grew by $2 trillion in 2024, three times faster than the year before, equivalent to roughly $5.7 billion a day. The world is now on track to see five trillionaires within a decade, the latest annual Oxfam inequality report reveals today.

Jan 20, 2025 · Billionaires growing richer faster than ever, says Oxfam 01/20/2025 Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44 ...

Jan 20, 2025 · Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said Monday in its annual inequality report.

Jan 20, 2025 · The world looks set to see five trillionaires by the end of the decade — and more billionaires are now being created through inheritance than entrepreneurialism. Anjela Taneja and Harry Bignell introduce Oxfam’s 2025 Davos report, which reveals the scale of unearned wealth — and how those riches are built on a colonial legacy of exploitative global systems.

Jan 15, 2024 · Since 2020, these billionaires’ net worth has skyrocketed 114% to a total of $869 billion, after taking inflation into account, according to Oxfam’s annual inequality report, released Sunday....

Jan 20, 2025 · Billionaire wealth grew by $2tn in 2024, three times faster than the previous year, according to Oxfam's latest report on wealth.