Oxfam's 2026 inequality report: the top 1% captured 63% of new global wealth

Oxfam International's annual inequality report — released each January at the World Economic Forum in Davos — finds that the wealthiest one percent captured 63% of all new wealth generated globally over the past two years.

The report proposes a set of concrete policy responses: wealth taxes on ultra-high-net-worth individuals, closing corporate tax loopholes, and public investment in health, education, and climate adaptation in the Global South.

"The power of people against poverty" — including the political power to change the rules that keep it in place.