The wealth of the world’s billionaires grew by two trillion dollars last year, three times faster than in 2023.
In 2024, the number of billionaires in the world increased by 204 people, reaching 2,769 Over the year, their wealth increased by two trillion dollars. Oxfam reported this on Monday, January 20.
On average, four new billionaires appear in the world every week, and the capital of all billionaires grows by five billion seven hundred million dollars every day.
Oxfam estimates that if this rate continues over the next ten years, there will be at least five people on the planet with a net worth of more than a trillion dollars.
It has been noted that 60% of billionaires’ wealth is not a result of their actual work. Often this wealth comes from inheritance or is obtained through connections or a monopoly position. So, all billionaires under the age of 30 received their wealth only through inheritance.
Recall that American businessman Elon Musk became the first person whose fortune reached $400 billion.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.