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Protesters rally in Davos as Oxfam reports record billionaire wealth

Oxfam reports billionaire wealth surged 16% in 2025 to $18.3 trillion, warning this concentration threatens democracy by buying political influence and media control.

  • Ahead of the World Economic Forum, Oxfam warned billionaire wealth rose 16% last year to $18.3 trillion, as about 300 protesters gathered in Davos on Sunday.
  • Policy shifts and market gains drove billionaire wealth growth about three times faster than the prior five years, with Oxfam citing Forbes, the World Inequality Database, and Washington's tax exemption.
  • Bloomberg found the world now has more than 3,000 billionaires and the top 12, led by Elon Musk, hold more wealth than over 4 billion people, while Musk briefly topped $500 billion and Oxfam highlights media purchases by tycoons like Musk and Jeff Bezos.
  • Oxfam warns concentrated wealth bends politics and media, weakening democratic checks and calls for national inequality plans, stronger money-politics barriers and a net wealth tax on the richest 0.5% of households.
  • The report documents 142 major protests across 68 countries and highlights Brazil with 66 billionaires holding about $253 billion, while Oxfam estimates a billionaire is 4,000 times more likely to hold political office.
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Oxfam assures that the "uncontrolled" increase in the wealth of the superrich in Latin America and the Caribbean puts democracy at risk.

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Extreme wealth is increasingly a risk to democracy in Latin America and the Caribbean (LAC), warns the international civil organization Oxfam. In a separate report against the Empire of the Ricos, released this Monday, indicates that the region had 109 billionaires in November 2025, 22 of them in Mexico. Thanks to the actions it has in the telecommunications giant América Móvil, he details, the Mexican Carlos Slim continues to be the richest per…

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The NGO Oxfam is sounding an alarm at the explosion of inequalities and the growing influence of ultra-rich people on political power, on the first day of Davos' economic forum. ...

·Brussels, Belgium
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The Independent broke the news in London, United Kingdom on Monday, January 19, 2026.
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