The world looks set to see five trillionaires within a decade — and more billionaires are now being created through inheritance than entrepreneurialism. Anjela Taneja and Harry Bignell introduce Oxfam’s 2025 Davos report, which reveals the scale of unearned wealth — and how those riches are built on a colonial legacy of exploitative global systems.

Another addition to the inequality library. Rich People, Poor Countries has a less ambitious sweep than Piketty, Deaton or Milanovic’s grand narratives. Author Caroline Freund does some very revealing number crunching on the changing face of the annual Forbes billionaires list to explore ‘the rise of emerging-market tycoons and their mega firms’, in the words of the book’s subtitle. Unfortunately