Billionaire wealth across globe surged by USD 2 trillion in 2024 to USD 15 trillion at a rate three times faster than ...

The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...

Oxfam International reported that billionaires' wealth increased three times faster in 2024, outpacing the previous year's ...

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.

Billionaires’ wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as ...

Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 ...

Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and ...

Advertisement As it does ahead of each Davos Forum, the Britain-based non-governmental organization Oxfam International released its annual report on the worsening state of global inequality.

Oxfam examines what this means for the U.S. and the world. For years, Oxfam—along with advocates and activists around the world—has argued that extreme concentration of wealth is leading to extreme ...

The collective wealth of UK billionaires increased by £35 million per day to a total of £182 billion in 2024, according to a report from Oxfam. This growth in cash would be enough to cover the ...