Brazil Tops Latin America’s Billionaire Count as Oxfam Warns of a New Oligarchy

Key Points Oxfam says billionaire wealth rose 16% in 2025, reaching $18.3 trillion. It cites Brazil with 66 billionaires holding about $253 billion, the region’s largest total. Oxfam warns that concentrated wealth can bend politics and media, weakening democratic checks. While Davos talked about growth and technology, Oxfam published a counter-story about who is capturing […]