Billionaire wealth surged in 2024, says Oxfam

Billionaire wealth surges to 'unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.
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 soars three times faster by $2 trillion in 2024: Oxfam
Billionaire wealth across the globe surged by USD 2 trillion in 2024 to USD 15 trillion at a rate three times faster than the previous year, a study showed on Monday here as the richest of the world began to assemble for their annual jamboree in this ski resort town.
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.
A new aristocracy': Billionaire wealth surged by $2 trillion last year
An Oxfam report published Monday shows that the combined wealth of the world's billionaires surged three times faster in 2024 than the previous year, rising by $2 trillion as efforts to combat global poverty remained stagnant.
Oxfam report states nearly USD33.8T of India's wealth transferred to Britain's elite during colonial era
Oxfam, a UK-based rights organization, has released a report claiming that nearly USD33.8 trillion of India's wealth was ...
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204 new billionaires minted in 2024, nearly four every week: Oxfam
Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster ...
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Billionaire Wealth Soars While Global Poverty Stagnates, Oxfam Report Warns of Growing Inequality
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
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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Oxfam Report Exposes Nigeria’s Growing Wealth Inequality
In a startling revelation, Oxfam’s latest report has exposed the surging inequality in Nigeria, where the wealth of the ...
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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 ...
10 pc richest in UK extracted wealth from India worth $33.8 trillion between 1765-1900: Oxfam
Between 1765 and 1900, the richest 10 per cent in the UK extracted wealth from India alone worth US$33.8 trillion in today’s ...
Britain should pay reparations to India, Oxfam report suggests
Costs should be borne by the richest, who benefited the most from colonialism, says charity ...
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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 ...
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Oxfam Asia doubles down on questioning multilateral banks' pursuit of private climate finance
Oxfam has also outlined how the international charity sector is “broken” and outdated, and called for shifting the centre of control away from rich countries with colonial legacies to developing ...