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World could soon see its 1st trillionaires, Oxfam says
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.
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.
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 report published by development organization Oxfam said. Published ahead of the World Economic Forum (WEF) in Davos,
Billionaire wealth soars three times faster by USD 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 b
New Oxfam report claims billionaire wealth grew by $2 trillion in 2024 alone
Billionaire wealth grew by $2 trillion in 2024 alone, equivalent to roughly $5.7 billion a day, at a rate three times faster than the year before, Oxfam said in its report on Monday.
12h
Oxfam ‘weaponising history’ with claim Britain owes India £52 trillion
The charity’s report argues that the UK owes reparations to the colonial country for extracting money between 1765 and 1900 ...
21h
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 ...
21h
on MSN
UK billionaires got £35m richer each day in 2024, says Oxfam
The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, ...
LEADERSHIP Newspaper
1d
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 ...
17h
UK’s Top 10% Oligarchs Drained India Of $64 Trillion Wealth States Scathing New Oxfam Report; Internet Has Questions
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations ...
Georgia Today
23h
Billionaire Wealth Soars While Global Poverty Stagnates, Oxfam Report Warns of Growing Inequality
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
1d
on MSN
UK's Richest 10% Extracted Half Of Wealth From India During Colonialism: Oxfam
The UK extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of ...
TheCable
1d
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 ...
1d
Britain should pay reparations to India, Oxfam report suggests
Costs should be borne by the richest, who benefited the most from colonialism, says charity ...
1d
on 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 ...
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