Oxfam has been slammed for becoming a ‘straightforwardly socialist campaigning organisation’ in a brutal analysis of its report which claimed Britain owes India £52 trillion in reparations. The report argues that the UK drained the ‘equivalent of 20 years of our GDP’ from colonial India between 1765 and 1900.

But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes from either inheritance, cronyism and corruption or

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

Billionaire wealth in Ireland increased by €35.6 million per day, Oxfam Ireland said upon the January 20 publication of Oxfam's "Takers Not Makers" report. There were two new billionaires in Ireland last year, Oxfam Ireland said on Monday, adding that Irish billionaire wealth could carpet the whole of Phoenix Park in €50 notes almost 1.5x over.

Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.

The charity’s report argues that the UK owes reparations to the colonial country for extracting money between 1765 and 1900

The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality

The local arm of international charity Oxfam violated the data protection law following a leak in July that potentially affected 550,000 people, Hong Kong’s privacy watchdog ruled in an investigation report on Thursday.

Oxfam’s ‘Million Pound Pint’ campaign aims to highlight the disparity between the super-rich and the rest of the population.

The UK extracted USD 64.82 trillion from India over a century of colonialism between 1765 and 1900 and USD 33.8 trillion of this went to the richest 10 per cent -- enough money to carpet London in notes of 50 British pound almost four times over.

CBI alleged that Oxfam India was planning to create a structure to continue operations with foreign funds even after its FCRA renewal application was rejected.

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