World’s Billionaires Saw Fortunes Rise by $2 Trillion in 2024

An Oxfam report published Monday shows that the combined wealth of the world’s billionaires surged three times faster in 2024 than the previous year, rising by $2 trillion as efforts to combat global poverty remained stagnant. The findings come hours before the U.S. is set to inaugurate President-elect Donald Trump, a billionaire whose campaign for a second White House term was backed by the…

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