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Oxfam Reports Billionaire Wealth Soared to $18.3 Trillion in 2025

The group warns concentrated fortunes are distorting democracy, prompting calls for wealth taxes including a billionaire levy in Germany.

Overview

  • Global billionaire wealth grew about 16% in 2025, adding roughly $2.5 trillion in a single year.
  • Since 2020, billionaire fortunes have risen by more than 80% after inflation to a combined $18.3 trillion.
  • Oxfam says the twelve richest individuals now hold more wealth than the poorest half of the world’s population.
  • Germany’s billionaire count climbed by one‑third to 172 in 2025, with combined wealth up about 30% to $840.2 billion, placing the country fourth worldwide.
  • The report cites democratic risks from outsized influence, noting $2.6 billion from 100 billionaire families in the last U.S. campaign and urging wealth taxation, with German debates over higher inheritance and billionaire taxes highlighted.