With reference to the Oxfam 'Takers not Makers' 2025 report, which of the following statements is/are correct?
1. The report states that the majority of billionaire wealth is earned through innovation and entrepreneurship.
2. It projects the emergence of the world's first trillionaires within a decade.

Question

Accepted Answer

2 only — Statement 1 is incorrect because the report explicitly states that 60 percent of billionaire wealth is unearned (driven by inheritance, cronyism, or monopolies). Statement 2 is correct, as the report predicts five trillionaires within a decade.

Oxfam Global Inequality Report 2025

6th India-Uzbekistan Joint Exercise DUSTLIK 2025 Concludes