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.

  • Phoenixz@lemmy.caEnglish
    3·
    3 hours ago

    So who is going to do when what about?

    I’m keeping it a sort of open ended question because this is a problem world wide and it won’t stop until someone’s putting a very hard stop to it

    The way I see it, if things don’t change soon, billionaires will face a choice:

    1. Return your fortune to the poor by paying taxes until your below, say, a billion

    2. Run like Marie Antoinette