Billionaire wealth surged in 2024, says Oxfam

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 from either inheritance, cronyism and corruption or
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.
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.
Billionaire wealth surged in 2024, says Oxfam as world leaders meet for Davos
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.
Billionaire wealth surges as Oxfam predicts five trillionaires in decade
Billionaire wealth grew by $2tn in 2024, three times faster than the previous year, according to Oxfam's latest report on wealth. View on euronews
Billionaire wealth growing at 'unimaginable' rate as poverty persists, Oxfam says
Oxfam's annual inequality report shows the rapid acceleration of wealth accumulation by the world's richest in 2024, as 44 percent of the world continues to live in poverty. FRANCE 24's Business Editor Charles Pellegrin speaks with Oxfam International's Executive Director Amitabh Behar at the opening of the World Economic Forum in Davos,
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.
Oxfam: Wealth of billionaires is growing ever faster
The wealth of the world's super-rich is growing ever faster, a study published on Monday by the development organization Oxfam has shown ahead of the World Economic Forum (WEF) in Davos. According to the report,
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 ...
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Nervous Energy at WEF: Oxfam Calls for Real-Life Stories
Oxfam International's Executive Director Amitabh Behar described the World Economic Forum's Annual Meeting as filled with 'nervous energy'. The event lacked focus on marginalized communities facing ...
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.
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 ...
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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.
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 ...
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 ...
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 ...
CBI chargesheets Oxfam
The CBI has filed a charge sheet against research and advocacy group Oxfam India and its former CEO Amitabh Behar in connection with alleged violations of rules and regulations related to foreign ...
Boston charity president calls for ‘unfettered humanitarian access’ to Gaza
A temporary deal is restricting how aid can be distributed, said Abby Maxman, CEO of Boston-based Oxfam America.