Billionaires' wealth soared in 2024, anti-poverty group says as the elites prepare for another Davos

Gabriel Negreanu

DAVOS, Switzerland: Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday (Jan 20) as some of the world's political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up over the next decade. A year ago, the group forecast that only