The wealth of the world's billionaires has reached a record $18.3 trillion, according to a report by international charity Oxfam released on January 19. The report highlights a 16% year-on-year increase, adding $2.5 trillion to their fortunes, with the number of billionaires surpassing 3,000 globally. Since 2020, billionaire wealth has surged by 81%, marking the past decade as a "golden age for the rich." Oxfam's findings indicate that while the wealthy continue to amass fortunes, global poverty reduction has stagnated, with poverty levels remaining similar to those in 2019. The report criticizes the super-rich for leveraging their wealth to gain political and media influence, citing figures like Elon Musk and Jeff Bezos. Oxfam Executive Director Bell warns that this concentration of power exacerbates inequality and hinders efforts to address poverty.