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    Home - World News - Oxfam report finds billionaires' wealth soared in 2024 as global elite prepare for Davos
    World News Updated:January 20, 2025

    Oxfam report finds billionaires' wealth soared in 2024 as global elite prepare for Davos

    By Frank Deux1 Min Read
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    Oxfam report finds billionaires' wealth soared in 2024 as global elite prepare for Davos

    Oxfam International reported that billionaires’ wealth increased three times faster in 2024, outpacing the previous year’s growth. Ahead of the World Economic Forum in Davos, the group also forecasts the emergence of five trillionaires within a decade, intensifying concerns over global inequality. 

    Oxfam report finds billionaires' wealth soared in 2024 as global elite prepare for Davos

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    Frank Deux

    Frank Deux is an editor at the French news desk for WTX news.

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