Internationally, the total wealth of billionaires grew at a rate three times faster than the previous year, while the number of people living in poverty (around 3.5 billion) has barely declined since 1990, according to World Bank data.
Oxfam publishes its report The art of taking without undertaking the same day that economic and political elites meet at the World Economic Forum in Davos, Switzerland, and a few hours before billionaire Donald Trump, supported by the richest man in the world, Elon Musk, is sworn in as president of the UNITED STATES.
In 2024, the number of billionaires in the world stood at 2,769, compared to 2,565 in 2023. The fortunes of the world’s ten richest men increased by an average of almost US$100 million per day; even if they lost 99% of their fortune overnight, they would still remain billionaires.
Canada
