Billionaire Wealth Surges to Eurozone GDP Equivalent Amid Stagnant Poverty
In 2024, the world's 2,769 billionaires held a combined wealth of $15 billion—equal to the Eurozone's GDP—an increase of $2 billion compared to the previous year, while poverty levels remained largely unchanged since 1990, prompting calls for increased taxation of the wealthy and regulatory changes.
Billionaire Wealth Surges to Eurozone GDP Equivalent Amid Stagnant Poverty
In 2024, the world's 2,769 billionaires held a combined wealth of $15 billion—equal to the Eurozone's GDP—an increase of $2 billion compared to the previous year, while poverty levels remained largely unchanged since 1990, prompting calls for increased taxation of the wealthy and regulatory changes.
Progress
56% Bias Score
Global Billionaire Count Rises to 2769 Amidst Widespread Poverty
In 2023, 204 new billionaires were added globally, totaling 2769, with Germany showing a 9-billionaire increase and $26.8 billion wealth growth. This contrasts sharply with nearly 3.6 billion people living below the $6.85/day poverty line and 733 million starving, creating concerns about the impact ...
Global Billionaire Count Rises to 2769 Amidst Widespread Poverty
In 2023, 204 new billionaires were added globally, totaling 2769, with Germany showing a 9-billionaire increase and $26.8 billion wealth growth. This contrasts sharply with nearly 3.6 billion people living below the $6.85/day poverty line and 733 million starving, creating concerns about the impact ...
Progress
60% Bias Score
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.
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
Australian Billionaires' Wealth Soars, Sparking Calls for Wealth Tax
Oxfam Australia reveals that Australia's 47 billionaires, whose wealth increased by A$28 billion in 2024, enjoy an average hourly income exceeding 1,300 times the national average, prompting calls for a wealth tax to address inequality.
Australian Billionaires' Wealth Soars, Sparking Calls for Wealth Tax
Oxfam Australia reveals that Australia's 47 billionaires, whose wealth increased by A$28 billion in 2024, enjoy an average hourly income exceeding 1,300 times the national average, prompting calls for a wealth tax to address inequality.
Progress
52% Bias Score
Five Trillionaires Predicted by 2034: Oxfam Highlights Extreme Wealth Inequality
Oxfam's new report reveals that five individuals are projected to become trillionaires in the next decade, highlighting extreme wealth concentration amid persistent global poverty, exacerbated by inheritance and political influence.
Five Trillionaires Predicted by 2034: Oxfam Highlights Extreme Wealth Inequality
Oxfam's new report reveals that five individuals are projected to become trillionaires in the next decade, highlighting extreme wealth concentration amid persistent global poverty, exacerbated by inheritance and political influence.
Progress
64% Bias Score
Trump's New Cabinet: Loyalty, Wealth, and a Lack of Diversity
Donald Trump's new government, sworn in on Monday, is predominantly white, wealthy, and young, with many appointees having ties to Fox News and Florida, reflecting his priorities and rewarding loyalty over diversity.
Trump's New Cabinet: Loyalty, Wealth, and a Lack of Diversity
Donald Trump's new government, sworn in on Monday, is predominantly white, wealthy, and young, with many appointees having ties to Fox News and Florida, reflecting his priorities and rewarding loyalty over diversity.
Progress
72% Bias Score
Global Billionaire Wealth Soars as Food Insecurity Rises
Oxfam's report reveals a stark contrast: 204 new billionaires in 2024, increasing their collective wealth to \$15 trillion, while 733 million people lack sufficient food, 152 million more than five years ago.
Global Billionaire Wealth Soars as Food Insecurity Rises
Oxfam's report reveals a stark contrast: 204 new billionaires in 2024, increasing their collective wealth to \$15 trillion, while 733 million people lack sufficient food, 152 million more than five years ago.
Progress
64% Bias Score
Global Billionaire Wealth Soars as Poverty Stagnates
Oxfam's report, "Takers not Makers," reveals a 2023 surge in billionaire wealth to $15 trillion, three times faster than 2022's growth, while global hunger rises and poverty reduction stagnates; Germany has the world's fourth-largest number of billionaires, with 71% of their wealth from inheritance.
Global Billionaire Wealth Soars as Poverty Stagnates
Oxfam's report, "Takers not Makers," reveals a 2023 surge in billionaire wealth to $15 trillion, three times faster than 2022's growth, while global hunger rises and poverty reduction stagnates; Germany has the world's fourth-largest number of billionaires, with 71% of their wealth from inheritance.
Progress
56% Bias Score
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.
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
Global Billionaire Wealth Soars as Poverty Stagnates
Oxfam's report reveals a global surge in billionaire wealth, reaching 2,769 individuals in 2022, while poverty remains stagnant and hunger rises; Germany, with 130 billionaires, sees 71 percent of their wealth originating from inheritance, highlighting a growing inequality.
Global Billionaire Wealth Soars as Poverty Stagnates
Oxfam's report reveals a global surge in billionaire wealth, reaching 2,769 individuals in 2022, while poverty remains stagnant and hunger rises; Germany, with 130 billionaires, sees 71 percent of their wealth originating from inheritance, highlighting a growing inequality.
Progress
60% Bias Score
German Middle Class Bears Disproportionate Tax Burden Amid Rising Healthcare Costs
Germany's middle class pays over 40% of its income in taxes and social security, more than in any other European country, creating an economic disparity that is projected to worsen due to rising healthcare costs. A proposed solution to tax capital gains faces political opposition.
German Middle Class Bears Disproportionate Tax Burden Amid Rising Healthcare Costs
Germany's middle class pays over 40% of its income in taxes and social security, more than in any other European country, creating an economic disparity that is projected to worsen due to rising healthcare costs. A proposed solution to tax capital gains faces political opposition.
Progress
52% Bias Score
Conflicting American Dreams: Equality vs. Wealth on Inauguration Day
The January 20, 2025, inauguration juxtaposes Dr. Martin Luther King Jr.'s vision of equality with President Trump's focus on wealth accumulation, as illustrated by the fact that the Forbes 400 billionaires' collective wealth exceeds that of 41 million Black Americans.
Conflicting American Dreams: Equality vs. Wealth on Inauguration Day
The January 20, 2025, inauguration juxtaposes Dr. Martin Luther King Jr.'s vision of equality with President Trump's focus on wealth accumulation, as illustrated by the fact that the Forbes 400 billionaires' collective wealth exceeds that of 41 million Black Americans.
Progress
64% Bias Score