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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.
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.
8h
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 ...
22h
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 ...
7h
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 ...
2h
UK’s wealthiest 10% took half of India’s wealth during colonial era: Oxfam
Drawing on a range of studies and research papers, Oxfam calculated that between 1765 and 1900, the richest 10 percent in the ...
Khaama Press
1d
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 ...
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, ...
2d
on MSN
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 ...
1d
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 ...
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 ...
TheCable
2d
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 ...
WGBH
38m
"TaxTheSuperRich" is a protester motto at the Davos forum. Would that end inequality?
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to ...
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