Oxfam said billionaire wealth rose by more than 16% in 2025 to a record US$18.3 trillion, growing at a pace three times faster than the average of the past five years.

The wealth of the world's billionaires surged by approximately 17% over the past year, driven by significant gains among the ultra-wealthy in the United States, which offset a decline in China, according to UBS's 2024 Billionaire Ambitions Report.