Inheritance, “cronyism and corruption” or monopoly power grows billionaire wealth in 2024 in second-largest annual increase since records began
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 Read more about Inheritance, “cronyism and corruption” or monopoly power grows billionaire wealth in 2024 in second-largest annual increase since records began[…]