Top 10 US billionaires’ collective wealth grew by $698bn in past year – report

<p>Oxfam warns Trump policies risk driving inequality to new heights – but Democrats have also exacerbated wealth gap</p><p>The collective wealth of the top 10 US billionaires has soared by $698bn in the past year, according to a new <a href="https://www.oxfamamerica.org/explore/research-publications/unequal-the-rise-of-a-new-american-oligarchy-and-the-agenda-we-need/">report</a> from Oxfam America published on Monday on the growing wealth divide.</p><p>The report warns that <a href="https://www.theguardian.com/us-news/trump-administration">Trump administration</a> policies risk driving US <a href="https://www.theguardian.com/inequality">inequality</a> to new heights, but points out that both <a href="https://www.theguardian.com/us-news/republicans">Republican</a> and <a href="https://www.theguardian.com/us-news/democrats">Democratic</a> administrations have exacerbated the US’s growing wealth gap.</p> <a href="https://www.theguardian.com/us-news/2025/nov/03/wealth-billionaires-increase-trump">Continue reading...</a>