This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this ...
Critics argue this surge in ultra-wealth worsens inequality, fueling calls for stronger taxes and regulation.
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that ...
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...
World leaders have gathered for the World Economic Forum annual meeting in Davos, Switzerland. One of their main goals is to ...
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...
The Promenade in Davos, Switzerland is the focal point of the World Economic Forum’s annual meeting in the Swiss ski town — ...
Roughly 204 new billionaires were minted last year alone, according to Oxfam’s latest annual inequality report. After Oxfam's report was released, some of the world's wealthiest people called on ...