Billionaire wealth surged in 2024, says Oxfam

Billionaires' wealth grew three times faster in 2024 than the year before, top anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
Move over billionaires. The first trillionaires are on their way.
Oxfam’s ‘Million Pound Pint’ campaign aims to highlight the disparity between the super-rich and the rest of the population.
The most important step in any solution is to increase the taxes the super-rich must pay, an idea that gained significant ...
The ultra-rich pose a threat to our democratic institutions—and the problem will deepen if extreme wealth is left unchecked.