Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990.

Billionaires' wealth grew three times faster in 2024 than the year before, while the number of the world’s poor has barely changed over the last quarter-century, a top anti-poverty group reported Monday.

The wealth of the world's super-rich is growing ever faster, a study published on Monday by the development organization Oxfam has shown ahead of the World Economic Forum (WEF) in Davos. According to the report,