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According to charity Oxfam, the world’s billionaires grew richer in 2025, with their collective wealth increasing by 16.2% to $18.3 trillion. Oxfam attributes this surge partly to the policies of US President Donald Trump during the first year of his second term. As elites gather for the World Economic Forum in Davos, the charity issued a stark warning, describing the widening gap between the ultra-wealthy and the general population as “highly dangerous” for the political landscape. Oxfam argues that such inequality poses significant risks to social stability and governance, urging global leaders to address the growing disparity.
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