Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals
The wealth of the world’s billionaires grew by $2tn (£1.64tn) last year, three times faster than in 2023, amounting to $5.7bn (£4.7bn) a day, according to a report by Oxfam.
The latest inequality report from the charity reveals that the world is now on track to have five trillionaires within a decade, a change from last year’s forecast of one trillionaire within 10 years.
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