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The Independent UK
The Independent UK
National
Howard Mustoe and Jamey Keaten

Billionaires’ wealth grew by £1.6 trillion last year, Oxfam says

Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported, as they added $2 trillion (£1.64 trillion) to their riches.

Oxfam also predicts at least five trillionaires will emerge over the next decade. A year ago, the group forecast that only one trillionaire would appear during that time.

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