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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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    TL;DR A devastating fire at Wang Fuk Court in Hong Kong has left seven of eight tower blocks severely damaged, causing significant loss and panic

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    Billionaire featured France 24 Oxfam World News
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    Frank Deux

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

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    Survivors cling to each other as debris falls from smouldering Hong Kong buildings

    Survivors cling to each other as debris falls from smouldering Hong Kong buildings

    Girl, 12, who died after being found unresponsive at psychiatric unit failed on multiple levels inquest finds

    Girl, 12, who died after being found unresponsive at psychiatric unit failed on multiple levels inquest finds

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