US EditionBillionaire Wealth Jumps Three Times Faster in 2025 to Highest Peak Ever, Sparking Dangerous Political Inequality Says Oxfam
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Billionaire wealth jumps three times faster in 2025 to highest peak ever, sparking dangerous political inequality says Oxfam
Billionaire wealth jumped by over 16 percent in 2025, three times faster than the past five-year average, to $18.3 trillion – its highest level in history, according to a new Oxfam report today as the World Economic Forum opens in Davos. Billionaire wealth has increased by 81 percent since 2020. This comes as one in four people don’t regularly have enough to eat and nearly half the world’s population lives in poverty. The report “Resisting the R…
The wealth gap around the world is growing faster than ever, warns the latest Oxfam report. According to this data, the 12 richest people in the world now own more money than almost four billion people combined, while at the same time the wealth of billionaires is growing much faster than poverty is decreasing. The fact that in October last year, Elon Musk became the first person whose wealth exceeded half a trillion dollars is a symbol of this …
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