business / economy
3 hours ago

Billionaire Wealth Soars to New Heights, Oxfam Predicts Trillionaires by 2030

Billionaire Wealth Soars to New Heights, Oxfam Predicts Trillionaires by 2030
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7 Highlights
  • Billionaire wealth grew by $2 trillion in 2024, says Oxfam.
  • Oxfam forecasts five trillionaires by 2030 with rising wealth.
  • Billionaire wealth now totals $15 trillion this year.
  • 60% of billionaire wealth is from inheritance and connections.
  • Top 1% of the world holds 45% of the wealth as poverty persists.
  • Oxfam calls for fair wealth distribution and policy reform.
  • The wealth surge aligns with World Economic Forum talks.
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