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Top 10 US Billionaires Gain $698 Billion Amid Inequality

11/3/2025

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Summary

Story summary

A report from Oxfam America shows the wealth of the top 10 US billionaires rose by $698 billion in the past year.
The report notes that both Republican and Democratic policies contributed to rising inequality.
It also notes that the top 1% has gained 101 times more wealth than the median household since 1989.
Rebecca Riddell calls for a political shift to reduce inequality and empower ordinary people.

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Story summary

A report from Oxfam America shows the wealth of the top 10 US billionaires rose by $698 billion in the past year.
The report notes that both Republican and Democratic policies contributed to rising inequality.
It also notes that the top 1% has gained 101 times more wealth than the median household since 1989.
Rebecca Riddell calls for a political shift to reduce inequality and empower ordinary people.