The world saw a record number of billionaires last year, surpassing 3,000 for the first time in 2025. Their combined wealth reached $18.3 trillion, growing by 81% since 2020. Oxfam says this extra $8.2tn could end global poverty 26 times over. But governments are failing people by giving in to rich elites. Many countries faced youth-led protests over inequality, corruption, and rising costs. Max Lawson, Oxfam co-author, said, “Governments worldwide are making the wrong choice; choosing to defend wealth, not freedom.” He added, “The economically rich are becoming politically rich… this kind of marriage between money and politics.” In Kenya’s Mathare slum, activist Wanjira Wanjiru pointed to unequal access to water compared to nearby golf clubs. She noted the government’s austerity on health and education while firms got tax breaks. Still, she remains hopeful as young people rise against the rich’s political power. “When people are oppressed, they always rebel,” Wanjiru said. Nepal saw a youth uprising in September 2025 after corruption protests toppled the government. Billionaire and MP Binod Chaudhary became a protest target, with his assets attacked. Political consultant Pradip Gyawali said, “This is a new revolution... youth should have their say and some power in politics.” Oxfam’s report showed billionaires are 4,000 times likelier to hold office than ordinary people. They also own over half of global media companies and most top social media platforms. Research from the US found policies backed by the rich have a 45% chance of passing versus 18% if opposed. The report warns that rising billionaire wealth fuels their growing political control, overshadowing efforts to fight poverty and hunger worldwide.