Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
Hosted on MSN1d
Trump Inauguration dubbed 'a coronation of our country's descent into oligarchy'
Donald Trump was sworn in Monday as the 47th president of the United States with some of the richest people on the planet ...
Inter Press Service1d
A World Where Rich Get Richer, Poor Get Poorer — and Billionaires Rise
Perhaps one of the UN’s most ambitious and longstanding projects – the launching of 17 Sustainable Development Goals (SDGs)– is aimed, among other things, at helping developing nations eradicate ...
Oxfam says world ruled by “aristocratic oligarchy,” as billionaire wealth surges by $2 trillion
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
Oxfam America1d
President Trump to be a leader “of and for billionaires,” — Oxfam
Ahead of today’s inauguration of President Donald Trump, Oxfam America President and CEO Abby Maxman released the followin ...
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful ...
Get ready for the world’s first trillionaires
Move over billionaires. The first trillionaires are on their way.
Oxfam America4d
Is the U.S. witnessing the rise of oligarchy?
Now even President Biden in his farewell speech has warned us of the rise of an oligarchy in the U.S. The ultra-richest ...
thecooldown16d
Study reveals disasters increased by 700% in the last decade in this region: 'The scale ... is beyond what we have imagined'
People in the Pacific Islands are being hit incredibly hard, experiencing seven to eight times more effects from extreme weather than they did just 10 years ago, per an Oxfam Australia report posted ...
The Hill19d
What does an America without democracy look like? We’re about to find out.
It doesn’t take a political science expert to realize that the America Trump has in mind can’t coexist with democracy— and that Trump’s most committed voters don’t actually want to ...