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

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.