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The Guardian - US
The Guardian - US
World
Lauren Aratani in New York

Top 10 US billionaires’ collective wealth grew by $698bn in past year – report

United States Donald Trump Inequality Oxfam America
A crowd of people mills around
Mark Zuckerberg, Lauren Sanchez, Jeff Bezos, Sundar Pichai and Elon Musk at Trump’s inauguration ceremony on 20 January 2025. Photograph: Saul Loeb/AFP/Getty Images

The collective wealth of the top 10 US billionaires has soared by $698bn in the past year, according to a new report from Oxfam America published on Monday on the growing wealth divide.

The report warns that Trump administration policies risk driving US inequality to new heights, but points out that both Republican and Democratic administrations have exacerbated the US’s growing wealth gap.

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