Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
The Oxfam report, which draws on data compiled by Forbes, is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.