Tag #Wealth Inequality

npr.org
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Extreme Wealth Concentration Amidst Global Poverty: Oxfam Report Highlights Inequality

Oxfam's 2025 report, "Takers Not Makers," reveals that 204 new billionaires were created in 2024, while 2.33 billion people are food insecure, emphasizing the extreme concentration of wealth and highlighting the need for taxing extreme wealth and addressing inherited wealth.

Progress

52% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Davos Protest: Young Activists Demand Higher Taxes, Greater Influence

Hundreds of young people protested at the snowy Davos World Economic Forum, demanding higher taxes on the wealthy and criticizing the forum's influence, briefly blocking a main road; some young activists, invited as Global Shapers, aimed to build bridges while advocating for change.

Progress

36% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Global Billionaire Wealth Soars to \$15 Trillion Amidst Rising Food Insecurity

Oxfam's report reveals a 204-billionaire increase in 2024, totaling 2,769 billionaires with a combined wealth of \$15 trillion, while 733 million people face food insecurity, highlighting extreme wealth inequality fueled by unfair tax policies.

Progress

48% Bias Score

Reduced Inequality
taz.de
🌐 75% Global Worthiness
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Oxfam Report Links Billionaire Wealth to Democratic Erosion

Oxfam's new report reveals the obscene wealth concentration among billionaires, exemplified by Elon Musk's $56 billion bonus, and links this to political attacks on democracy, advocating for higher taxes on large fortunes but facing significant political obstacles.

Progress

56% Bias Score

Reduced Inequality
nbcnews.com
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Billionaire Wealth Surges to $15 Trillion Amid Stagnant Global Poverty

Oxfam's 2025 inequality report reveals a $2 trillion surge in billionaire wealth to $15 trillion in 2024, the second-largest annual increase on record, while global poverty remains stagnant since 1990, with the richest 1% owning nearly 45% of global wealth and Oxfam predicting at least five trillion...

Progress

64% Bias Score

Reduced Inequality
us.cnn.com
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Five Trillionaires Predicted by 2034 Amidst Widening Wealth Gap

Oxfam's new report predicts five individuals will become trillionaires within the next decade due to a soaring stock market, while the number of people living in poverty remains stagnant since 1990; over one-third of billionaires' wealth comes from inheritance.

Progress

64% Bias Score

Reduced Inequality
allafrica.com
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Greenpeace Demands Tax on Super-Rich at Davos WEF

Greenpeace activists protested at the WEF in Davos, Switzerland, demanding a global tax on the super-rich to fund a just and green future; a new study suggests this could raise €185 billion annually in Europe alone.

Progress

56% Bias Score

Reduced Inequality
europe.chinadaily.com.cn
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Extreme Wealth Inequality: Richest 1 Percent Own 45 Percent of Global Wealth

Oxfam reports that the world's richest 1 percent own 45 percent of global wealth, while 44 percent live on under $6.85 a day, a disparity worsened by the pandemic and the Ukraine conflict, leading to calls for increased taxation on the super-rich.

Progress

68% Bias Score

Reduced Inequality
news.sky.com
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\$1 Trillion in Wealth at Trump's Inauguration Highlights Tech Elite's Influence

President Donald Trump's inauguration saw the gathering of over \$1 trillion in wealth from attendees including Elon Musk (\$433.9bn), Jeff Bezos (\$239.4bn), and Mark Zuckerberg (\$211.8bn), highlighting the significant influence of Silicon Valley's elite in US politics.

Progress

40% Bias Score

Reduced Inequality
dailymail.co.uk
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Five Trillionaires Predicted by 2034 Amidst Rising Billionaire Wealth and Persistent Poverty

Oxfam predicts five trillionaires will emerge within a decade due to a \$2 trillion rise in billionaire wealth in 2024, contrasting with persistent global poverty and prompting calls for wealth redistribution.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 85% Global Worthiness
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Billionaire Wealth Soars by $2 Trillion in 2024 Amidst Rising Global Inequality

Oxfam's "Takers Not Makers" report, released before the Davos WEF summit, reveals that billionaire wealth soared by $2 trillion in 2024, while 44% of humanity lives on less than $6.85 daily, highlighting a massive wealth gap and criticizing policies that may worsen inequality.

Progress

64% Bias Score

Reduced Inequality
edition.cnn.com
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Five Trillionaires Projected Within a Decade, Sparking Inequality Concerns

Oxfam's report projects five individuals becoming trillionaires within the next decade due to factors such as soaring stock markets and inherited wealth, highlighting the growing wealth disparity alongside persistent global poverty and the increasing political influence of billionaires.

Progress

68% Bias Score

Reduced Inequality