In One Year, the Wealth of Billionaires Increased by 16.5%

November 22, 2025 news brief from the New Anticapitalist Party-Revolutionaries (NPA-R) in France, translated from French.

On the occasion of the G20 summit, held in Johannesburg, South Africa, on November 22 and 23, the NGO (nongovernmental organization) Oxfam calculated that the wealth of billionaires living in these countries increased from $13.4 trillion to $15.6 trillion, or €12 trillion to €13.6 trillion, representing a 16.5% increase. According to the NGO, these additional billions “would have been more than enough to lift 3.8 billion people out of poverty.” But there’s no question of relying on the generosity of the ultra-rich to come to the aid of the most needy. For that, they will have to be expropriated. Let us remember that since the year 2000 the richest 1% have appropriated 41% of all the wealth created in the world.

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