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 ...
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Billionaire wealth surges $2tn in 2024, as 133m Nigerians face hunger – Oxfam
In 2024, billionaire wealth surged globally by $2 trillion, growing three times faster than the previous year, according to ...
Billionaires’ wealth soared in 2024, at least five trillionaires expected in next decade, anti-poverty group says
The anti-poverty group Oxfam International's latest report on global inequality is calling for caps on CEO pay, better ...
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4 Nigeria’s billionaires amass $23.7 billion while 133 million go hungry
In 2024, billionaire wealth surged globally by $2 trillion, growing three times faster than the previous year, according to ...
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Five People Will Become Trillionaires In The Next Decade, According To New Report
Critics argue this surge in ultra-wealth worsens inequality, fueling calls for stronger taxes and regulation.
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 ...
Billionaires' wealth soared in 2024, anti-poverty group says as the elites head to Davos
Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported Jan. 20 as some of the world's political and financial ...
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World to have 5 trillionaires in next decade: forecast
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier ...
World’s First Trillionaire Within 10 Years? Oxfam’s Dire Warning On Global Inequality – Details Here
Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest ...
What Is An Oligarchy? Is US Set To Become One With Tech Billionaires Backing Trump? Explained
Although the word ‘oligarchy’ has been associated with Russian oil tycoons. But the analysis of 1,779 recent policy outcomes ...
Anadolu Ajansi23h
Billionaires' wealth grew by $2T last year, 3 times faster than 2023: Report
Not only has the rate of billionaire wealth accumulation accelerated -- by three times -- but so too has their power,” said Oxfam International Executive Director Amitabh Behar. Large sums of ...