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flag Oxfam report: World's billionaires gained $2 trillion in 2024, widening global wealth gap.

flag Oxfam's report reveals that the wealth of the world's billionaires increased by $2 trillion in 2024, with UK billionaires seeing a daily increase of £35 million. flag The charity warns that at this rate, five individuals could become trillionaires within a decade. flag Oxfam calls for higher taxes on the super-rich to address inequality and improve public services, noting that 60% of billionaire wealth stems from inheritance, monopolies, or crony connections. flag The report also highlights that 44% of the world lives on less than $6.85 per day.

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