The stark reality of global wealth inequality has never been more apparent. At the turn of this year, Oxfam published a report that made for uncomfortable reading. What it revealed was stunning ...

While global inequality has improved slightly over the last several decades thanks to the growth of India and China (where a large number of the world’s people live), the world remains highly unequal.

Across the globe, people hold very different beliefs about whether having too much money is morally wrong. Some see extreme wealth as a personal success to be admired. Others, especially in more ...

This year’s headline finding in the report is that “global wealth grew by 4.6 per cent in 2024, after a 4.2 per cent increase in 2023, continuing a consistent upward trend.” ...

The wealth of just 3,000 billionaires has surged $6.5 trillion in real terms since 2015, and now comprises the equivalent of 14.6% of global GDP. Oxfam’s new briefing paper, “ From Private Profit to ...

The top 1% has seen its wealth soar by $42 trillion over the past decade, according to a new analysis by Oxfam International, which is being released ahead of the G20 finance ministers and central ...