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 ...

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.

Billionaires’ wealth globally grew three times faster in 2024 than the year before, global advocacy group Oxfam International says, as some of the world’s political and financial elite prepare ...

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...

Billionaire wealth in Ireland increased by €35.6 million per day, Oxfam Ireland said upon the January 20 publication of Oxfam ...

Like Biden's call for making billionaires "begin to pay their fair share" through the U.S. tax code, Oxfam - a global advocacy group - called on governments to tax the richest to reduce inequality ...

The Oxfam report is based on data from sources including estimates of the wealth of billionaires made by the US business magazine Forbes and data from the World Bank. According to the report ...

Last year marked the second largest annual increase in billionaire wealth since records started, according to Oxfam. The global charity now predict at least five trillionaires within a decade.

Languages: English. Oxfam's analysis, based on Forbes' Real-Time Billionaire List and World Bank data, paints a stark picture of a deepened divide. It notes that billionaire wealth expanded three ...

Oxfam, an independent non-governmental organisation, has revaleed that the wealth of four Nigerian billionaires can cover the whole of Lagos in 500 notes ...

Roughly 204 new billionaires were minted last year alone, according to Oxfam’s latest annual inequality report. After Oxfam's report was released, some of the world's wealthiest people called on ...