Billionaires have ‘outsized’ political influence — and they’re richer than ever, says Oxfam

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Billionaires' wealth has reached a record high of $18.3 trillion, with Oxfam suggesting that their growing wealth is driven by a desire for power and personal gain.

Market Impact

Market impact analysis based on bearish sentiment with 70% confidence.

Sentiment
Bearish
AI Confidence
70%
Time Horizon
Short Term

Article Context

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Billionaires' wealth has risen sharply to a record high of $18.3 trillion — with the super-rich seeking power "for their own gain," according to Oxfam.

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Original article published by CNBC on January 19, 2026.
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