Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.

Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.

Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

Billionaire wealth skyrocketed by $2 trillion in 2024, reaching an unprecedented $15 trillion—equivalent to $5.7 billion amassed daily, according to an Oxfam report released today. This marks a sharp acceleration, with wealth growing three times faster than the previous year and representing the second-largest annual increase on record.

Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.

Oxfam's 2024 report reveals billionaire wealth surged by $2 trillion, with the richest 10 growing by $100m a day

According to Oxfam International, the wealth of billionaires globally grew three times faster in 2024 compared to the previous year, just as many of

The year 2024 saw 204 new billionaires getting minted -- an average of nearly four every week. Asia itself got 41 new billionaires in the year

Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.