A ew Oxfam report shows that global billionaire wealth has seen a dramatic increase in 2024, rising by about $5.7 billion ...

which was built partly from colonial activities in Africa. Calling it modern day colonialism, Oxfam said vast sums of money ...

Oxfam’s calculates that 36% of billionaire wealth is now inherited. Research by Forbes found that every billionaire under 30 ...

Oxfam reports a staggering $2 trillion increase in billionaire wealth in 2024, while poverty remains largely unchanged. The report calls for taxing the rich and addressing colonial harms.

Key Findings from Oxfam’s Report ... Life expectancy in Africa remains over 15 years shorter than in Europe, while wages in the Global South are up to 95% lower for equivalent work.

Billionaires had a good year in 2024 as a recent report showed that their wealth grew by USD 2 trillion in 2024 alone, ...

which was built partly from colonial activities in Africa. Calling it modern day colonialism, Oxfam said vast sums of money still flow from the Global South to countries in the Global North and ...

In 2024, the number of billionaires rose to 2,769 while their combined wealth surged from $13 trillion to $15 trillion ...