Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.
Notably, however, China, the country with the second-highest millionaire count, surpassed the US to become the country with the most people in the top 10% of global wealth distribution.
Global North countries control 69 per cent of global wealth, 77 per cent of billionaire wealth and are home to 68 per cent of billionaires, despite making up just 21 per cent of the global ...
In 2024, the global wealth distribution is still very concentrated with a growing number of people accumulating enormous fortunes. There are 2,781 billionaires in the world, holding a combined net ...
The stark reality of global wealth inequality has never been ... It is up to us to seize the day and reimagine wealth distribution for the 21st century and beyond.