Oxfam: Billionaire Wealth Surges to ‘Unimaginable’ Levels

$15 trillion

“Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said Monday in its annual inequality report,” NBC News reports. “The combined wealth of the world’s most wealthy rose from $13 trillion to $15 trillion in just 12 months, the global charity said Sunday. It marks the second-largest annual increase in billionaire wealth since Oxfam records started.”

Biden Pardons Mark Milley

“After forty-three years of faithful service in uniform to our Nation, protecting and defending the Constitution, I do not wish to spend whatever remaining time the Lord grants me fighting those who unjustly might seek retribution for perceived slights.”

— Retired Army Gen. Mark Milley said he was “deeply grateful” to receive a preemptive pardon from outgoing President Joe Biden Monday, USA Today reports.