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Billionaire wealth surged in 2024, says Oxfam
Billionaire wealth surges to 'unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
Last year marked the second-largest annual increase in billionaire wealth since records started, according to 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.
Oxfam: World’s first trillionaires to emerge within a decade
The development organization Oxfam predicts that the world’s first trillionaires could emerge within the next decade. The report highlights that the wealth of the ten richest billionaires has grown by an average of $100 million per day over the past ten years.
2h
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 ...
40m
on MSN
Uk stole 64 82 trillion from india during colonial rule oxfam report 5 shocking facts colonialism dark legacy
A recent report by Oxfam International reveals a shocking truth. During colonial rule, the UK took around $64.82 trillion ...
14h
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 ...
1d
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, ...
20h
UK’s Top 10% Oligarchs Drained India Of $64 Trillion Wealth States Scathing New Oxfam Report; Internet Has Questions
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations ...
LEADERSHIP Newspaper
1d
Oxfam Report Exposes Nigeria’s Growing Wealth Inequality
In a startling revelation, Oxfam’s latest report has exposed the surging inequality in Nigeria, where the wealth of the ...
1d
Britain should pay reparations to India, Oxfam report suggests
Costs should be borne by the richest, who benefited the most from colonialism, says charity ...
Georgia Today
1d
Billionaire Wealth Soars While Global Poverty Stagnates, Oxfam Report Warns of Growing Inequality
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
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 ...
Financial Standard
9h
Aussie billionaires make $67k per hour: Oxfam
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make.
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