Billionaires 4000 Times More Likely to Hold Office Following Oxfam Report

Billionaires are 4000 times more likely to hold political office than average citizens after global billionaire wealth reached 18.3 trillion dollars.The study highlights that the 12 richest individuals including Elon Musk now possess more wealth than the poorest 4.1 billion people combined while global poverty reduction remains stagnant.Oxfam is calling for urgent tax reforms on extreme wealth and stronger labor protections to counter the growing influence of an oligarchic elite on democracy.