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Billionaire wealth surged in 2024, says Oxfam
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.
Billionaire Wealth Surged By $2 Trillion Last Year, Report Shows
Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.
2d
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
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 ...
20h
Oxfam Hong Kong data leak: watchdog rules charity violated privacy law
The local arm of international charity Oxfam violated the data protection law following a leak in July that potentially ...
12h
CBI Files Charge Sheet Against Oxfam India And Former CEO Over Foreign Fund Violations
The ongoing legal proceedings mark a significant development in the scrutiny of NGOs receiving foreign funds in India.
3d
on MSN
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.
Morning Advertiser
1d
Oxfam launches ‘Million pound pint’ campaign
Oxfam’s ‘Million Pound Pint’ campaign aims to highlight the disparity between the super-rich and the rest of the population.
1d
on MSN
CBI files charge sheet in FCRA probe against Oxfam India
CBI alleged that Oxfam India was planning to create a structure to continue operations with foreign funds even after its FCRA ...
2d
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 ...
France 24
20h
Oxfam: 'Centuries of wrong-headed policy decisions and bipartisan embrace of capitalist policy-making'
For in-depth analysis and a deeper perspective, Delano D'Souza welcomes Rebecca Riddell, Senior Policy Lead for Economic and Racial Justice at Oxfam America.
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