Billionaire wealth in the EU surges by nearly €400 million per day in 2024, with a new billionaire nearly every week
74% of billionaire wealth in the EU is derived from inheritance, monopoly power or crony connections. Richest 1% in 12 EU countries extracted €84.4 billion from the Global South in 2023. Oxfam predicts there will be at least 5 trillionaires worldwide a …