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.
