Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos

Billionaires' wealth surged three times faster in 2024 compared to the previous year, according to Oxfam International. The group's assessment highlights the widening gap between rich and poor, with predictions of five trillionaires emerging in the next decade. They advocate for taxing the ultra-rich and addressing economic inequalities.