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Oxfam report shows billionaires' wealth grows three times faster in 2024 ahead of Davos

news.yahoo.com — January 20, 2025 at 05:01 AM UTC

Oxfam International reported that billionaires' wealth grew three times faster in 2024 compared to the previous year. This increase comes as global elites prepare for the World Economic Forum in Davos, Switzerland. The report predicts the emergence of five trillionaires within the next decade, up from a previous forecast of only one. This highlights ongoing concerns about global inequality. Oxfam's findings coincide with warnings about the concentration of wealth and power among a small number of individuals. The World Economic Forum will host around 3,000 attendees, including business and government leaders.

With a significance score of 5, this news ranks in the top 3% of today's 17953 analyzed articles.

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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