Full Report: Resisting the Rule of the Rich: Protecting Freedom from Billionaire Power.

Billionaire wealth jumped by over 16 per cent in 2025, three times faster than the past five-year average, to $18.3 trillion – its highest level in history, according to a new Oxfam report today as the World Economic Forum opens in Davos.

Billionaire wealth has increased by 81 per cent since 2020. This comes as one in four people don’t regularly have enough to eat and nearly half the world’s population live in poverty.

  • AbsolutelyClawless@piefed.social
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    18 hours ago

    The hilariously sad thing is they need us wage slaves to do their bidding. They love living their lives in luxury. They’d very quickly realize living in a bunker sucks ass.

    • Fallynn@lemmy.ca
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      16 hours ago

      Maybe that’s why they’re so invested in AI so they don’t have to worry about relying on the “poors” in their bunkers.

      • AbsolutelyClawless@piefed.social
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        14 hours ago

        I’m not so sure. They do like to have weddings in Venice and spend time on their mega yachts. Being stuck in a hole eventually gets to a person, no matter the amount of entertainment, virtual or otherwise. These people want to have it all. Self-made prison is still a self-made prison.

        • Fallynn@lemmy.ca
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          12 hours ago

          Totally agree. No one ever said they were smart long term thinkers. Late stage capitalism doesn’t exactly reward that kind of thinking after all.

      • ElysianBladeRunner@piefed.social
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        14 hours ago

        Agreed. If on a virtual level, they can connect all the silos, they won’t care living in their holes for however long. Perception is key.

        Remove the comforts……that all changes.