2024: Billionaires' Wealth Surpasses $14.2 TRILLION

This is a news story, published by Wired, that relates primarily to Forbes' Billionaires List news.

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extreme wealth inequality

Wired

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People With Extreme Wealth Should Give It Away—or Be Penalized

Summary

Nutrition label

79% Informative

In 2024 , wealth concentration rose to an all-time high, according to Forbes' Billionaires List , with an aggregate worth of $14.2 trillion .

A recent report estimated that about 1.2 million individuals who are worth more than $5 million will pass on a collective wealth of almost $31 trillion over the next decade .

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Informative language

Neutral language

Article tone

semi-formal

Language

English

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Offensive language

not offensive

Hate speech

not hateful