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Billionaire wealth surged in 2024, says 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.
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.
Billionaire wealth grew by USD 2 trillion in 2024 alone: Oxfam report
Billionaires had a good year in 2024 as a recent report showed that their wealth grew by USD 2 trillion in 2024 alone, equivalent to roughly USD 5.7 billion a day, at a rate three times faster than the year before. The report was published by Oxfam on Monday.
1h
on MSN
Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
2d
on MSN
Get ready for the world’s first trillionaires
Move over billionaires. The first trillionaires are on their way.
Oxfam America
1d
President Trump to be a leader “of and for billionaires,” — Oxfam
Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin ...
The Canary
22h
Here are the pro-Trump, pro-Israel billionaires Oxfam’s report should have told you about
Zionist Organization of America's Morton A. Klein said Trump is "the greatest president ever for Israel" - and for its ...
1d
on MSN
Oxfam: Billionaires growing richer faster than ever
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...
Oxfam America
4d
Is the U.S. witnessing the rise of oligarchy?
Now even President Biden in his farewell speech has warned us of the rise of an oligarchy in the U.S. The ultra-richest ...
Fast Company
12mon
oxfam america
These maps will tell you About one-third of the U.S. workforce earns less than $15 an hour, says
Oxfam
, and they are disproportionately women and workers of color. This map shows where an ...
1d
on 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 ...
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