Billionaire wealth surged in 2024, says Oxfam

As the world economic forum kicks off in Davos, Oxfam is putting the spotlight on wealth inequality. According to the ...
A leading NGO warned Monday of an emerging “aristocratic oligarchy” with massive political clout and primed to profit from ...
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Follow The Hindu’s updates of Day 1 of the World Economic Forum 2025, in Davos, Switzerland, on January 20, 2025 ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
The combined wealth of UK billionaires surged by a staggering £35 million per day in 2024, reaching a total of £182 billion, ...
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations ...