Billionaires’ wealth hits new peak as their clout grows, Oxfam warns Davos (www.independent.co.uk)
from throws_lemy@reddthat.com to world@lemmy.world on 19 Jan 2026 13:30
https://reddthat.com/post/58482618

#world

threaded - newest

bravesilvernest@lemmy.ml on 19 Jan 2026 14:03 next collapse

*warns a bunch of billionaires

MagnificentSteiner@lemmy.zip on 19 Jan 2026 14:21 next collapse

I think Davos are the last people they need to warn…

Eternal192@anarchist.nexus on 19 Jan 2026 14:23 next collapse

Just wasting air, all of them…

boonhet@sopuli.xyz on 19 Jan 2026 14:46 next collapse

Peak implies it’s going back down at some point

tomiant@piefed.social on 19 Jan 2026 17:00 collapse

Let’s call it ATH.

boonhet@sopuli.xyz on 19 Jan 2026 18:18 collapse

I fucking wish

A_norny_mousse@feddit.org on 19 Jan 2026 15:37 next collapse

Don’t dis Oxfam, they’re doing what’s important here, even if it seems obviously pointless in this context.

Timed for the opening of the World Economic Forum in Davos, Oxfam’s report revealed global billionaire fortunes jumped 16% in 2025 to $18.3 trillion, extending an 81% rise since 2020. These gains occurred even as one in four people worldwide struggle to eat regularly and nearly half the global population live in poverty.

ChicoSuave@lemmy.world on 19 Jan 2026 17:14 collapse

Oxfam putting numbers to what we all know. At least someone is keeping track.

tomiant@piefed.social on 19 Jan 2026 16:59 next collapse

Decentralized royalty.

Formfiller@lemmy.world on 19 Jan 2026 17:08 collapse

<img alt="" src="https://lemmy.world/pictrs/image/a6d5111f-0316-482e-a20f-eb01fdb034b5.jpeg">

krashmo@lemmy.world on 19 Jan 2026 18:04 collapse

It really is insane to me that in all the world there’s only been one guy (Luigi, allegedly) bold enough to do something about this absurd level of inequality. Think about how many people get murdered for such petty reasons every day, and yet we all look at a few dozen people sitting on literal mountains of cash while thousands of people starve to death and all we do is shrug or wag a finger. Statistically you would expect at least a handful of people to have the right combination of fury and lack of self preservation instincts to take a shot at them and yet here we are. What a wild place to live this planet is.

grue@lemmy.world on 19 Jan 2026 19:22 next collapse

There have been a few others, but we don’t remember them because they failed.

bagsy@lemmy.world on 20 Jan 2026 00:12 collapse

I wonder about his too. It makes ponder what the end game is for removing healthcare from so many people. Are they trying to make people desperate and angry, or are they simply greedy with no empathy or forsight?