India, June 27 -- The rich are getting richer by the day, with the wealth of the world's 3,000 billionaires shooting up by $6.5 trillion in real terms over the past decade.

The data came to light through an Oxfam report. The surge in wealth of the 3,000 billionaires is equivalent to 14.6 percent of global output.

According to the report, the richest 1 percent of the global population have gotten richer by at least $33.9 trillion in real terms. The charity said such wealth was "enough to end annual global poverty 22 times over".

According to figures released by Equality Trust, the UK alone has added 150 billionaires in the last 34 years, rising from 15 in 1990 to 165 in 2024. There have been strong calls to introduce a wealth tax on the...