News Minimalist

All news ranked by significance

Billionaire wealth reaches $15 trillion as number of billionaires grows to 2,769

nbcnews.com — January 22, 2025 at 11:01 PM UTC

The world's billionaires saw their wealth increase to $15 trillion in the past year, according to Oxfam's report. The number of billionaires rose to 2,769, with 204 new billionaires added in 2024. This marks a significant acceleration in wealth accumulation. Oxfam noted that 36% of billionaire wealth is inherited, with many heirs expected to receive $6.3 trillion over the next 15 years. Half of the billionaires live in countries without inheritance taxes for direct descendants. In response to the report, over 370 billionaires and millionaires urged political leaders to impose higher taxes on the wealthy. They emphasized the need to address the negative effects of extreme wealth concentration.

With a significance score of 4.7, this news ranks in the top 4% of today's 17953 analyzed articles.

Get summaries of news with significance over 5.5 (usually ~10 stories per week). Read by 9000 minimalists.

Timeline:

[4.7]

Billionaire wealth reaches $15 trillion as number of billionaires grows to 2,769 (nbcnews.com)

50d 19h

[4.8]

Wealth accumulation accelerates as nearly four new billionaires emerge each week in 2024 (cnbc.com)

50d 21h

[4.5]

Oxfam warns of potential first trillionaire as global inequality rises (timesnownews.com)

51d 12h

[4.5]

Billionaire wealth surges by $2 trillion as Oxfam warns of rising inequality at Davos (timesnownews.com)

51d 13h

[4.2]

Oxfam reports billionaires' wealth grows three times faster in 2024 (newser.com)

51d 16h

[3.6]

Billionaires' wealth surges as Oxfam predicts rise of trillionaires within a decade (dailymail.co.uk)

52d 20h

[5.0]

Billionaire wealth rises by $2 trillion in 2024 as Oxfam forecasts five trillionaires in next decade (euronews.com)

53d 1h

[4.6]

Elon Musk could become a trillionaire by 2027 as billionaire wealth surges (thedailybeast.com)

53d 3h

[4.2]

Irish billionaires see €13 billion wealth increase as Davos meeting begins (thejournal.ie)

53d 7h

[4.4]

Oxfam reports billionaires' wealth surged by $2 trillion in 2024 as new billionaires emerge weekly (aljazeera.com)

53d 9h

[4.2]

Oxfam report predicts five billionaires could reach $1 trillion in wealth by 2035 (timesnownews.com)

53d 9h

[4.6]

Oxfam reports surge in billionaire wealth, warns of rising oligarchy (rfi.fr)

53d 10h

[4.8]

Oxfam report shows billionaire wealth surged by nearly $3 trillion in 2023 (sbs.com.au)

53d 12h

[3.6]

Wealth of Republic of Ireland's billionaires rises by €13 billion in 2024 (irishtimes.com)

53d 12h

[4.9]

Billionaires' wealth grows three times faster in 2024, Oxfam reports ahead of Davos (news.yahoo.com)

53d 13h

[4.5]

Oxfam report shows billionaire wealth grew by $2 trillion in 2024 (businesstoday.in)

53d 13h

[5.0]

Oxfam report shows billionaires' wealth grows three times faster in 2024 ahead of Davos (news.yahoo.com)

53d 13h

[4.7]

Oxfam warns of rising oligarchy as global elites gather in Davos (inquirer.net)

53d 14h

[5.0]

Oxfam reports billionaires' wealth surged in 2024 ahead of Davos meeting (news.yahoo.com)

53d 15h

[5.4]

Billionaires' wealth surges in 2024 as poverty levels remain stagnant, Oxfam reports (clickondetroit.com)

53d 15h

[5.0]

Billionaires' wealth grows three times faster in 2024 as Davos meeting approaches (economictimes.indiatimes.com)

53d 15h

[4.8]

Billionaires' wealth surges in 2024 as poverty levels remain stagnant, Oxfam reports (gazette.com)

53d 15h

[5.4]

Billionaires' wealth surges in 2024 as poverty levels remain stagnant, Oxfam reports (abcnews.go.com)

53d 15h

[4.5]

Billionaire wealth rises by $2 trillion in 2024, Oxfam reports (ndtv.com)

53d 15h

[4.7]

Billionaire wealth surges in 2024 as poverty levels remain stagnant, Oxfam reports (independent.co.uk)

53d 15h

[3.8]

Oxfam warns of rising oligarchy as global elites gather in Davos (legit.ng)

53d 16h

[4.7]

Oxfam report predicts five individuals could become world's first trillionaires by 2035 (edition.cnn.com)

53d 16h

[4.5]

Oxfam warns of growing wealth gap as elites gather in Davos (sg.news.yahoo.com)

53d 16h

[4.4]

Billionaire wealth surges by $3 trillion in 2024, Oxfam reports (abc.net.au)

53d 17h

[4.1]

Oxfam report reveals Australian billionaires earn A$67,000 an hour as wealth rises 8% (news.yahoo.com)

53d 17h

[4.5]

Billionaire wealth rises by $2 trillion in 2024, Oxfam report shows (news.yahoo.com)

53d 17h

[5.4]

Billionaire wealth rises to $15 trillion in 2024 as Oxfam forecasts five trillionaires by 2034 (cnbc.com)

53d 17h

[3.6]

UK billionaires' wealth rises by £35 million daily in 2024, Oxfam reports (standard.co.uk)

53d 17h