Article 6TP6D Wealth of world’s billionaires grew by $2tn in 2024, report finds

Wealth of world’s billionaires grew by $2tn in 2024, report finds

by
Julia Kollewe
from on (#6TP6D)

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) in 2024, three times faster than in 2023, amounting to $5.7bn 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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