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 ...
Socialist Worker2h
Davos summit shows how global elite rip us off
The global elite returned to the Swiss town of Davos this week as the Oxfam charity revealed that the rich are getting richer ...
It’s a good time for a higher tax on Ireland’s 11 billionaires
But what are the chances of a co-ordinated international approach now? Take a look at Trump’s inauguration images. The whole ...
Billionaires’ wealth soared in 2024, at least five trillionaires expected in next decade, anti-poverty group says
The anti-poverty group Oxfam International's latest report on global inequality is calling for caps on CEO pay, better ...
UK’s Top 10% Oligarchs Drained India Of $64 Trillion Wealth States Scathing New Oxfam Report; Internet Has Questions
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations ...
News of Ireland’s 11 billionaires makes this a good time to talk about a wealth tax
But what are the chances of a co-ordinated international approach now? Take a look at Trump’s inauguration images. The whole ...
Financial Standard11h
Aussie billionaires make $67k per hour: Oxfam
Australian billionaires earn $67,000 an hour, according to a new report from Oxfam, which is 1300 times more than what everyday workers make.
'I'm a millionaire, and the government needs to take extreme action on people like me'
"This extreme wealth threatens us all," Mr Hagan said. "That’s why I’m among more than 370 millionaires and billionaires who ...
Billionaires' wealth soared in 2024, anti-poverty group says as the elites head to Davos
Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported Jan. 20 as some of the world's political and financial ...
Premium Times23h
Nigeria’s climate finance ignores gender equality, neglect of women persists – Report
The Oxfam report says only 16 per cent of Nigeria’s climate change projects included gender as a key objective and a mere 1 ...
Vanguard19h
4 Nigerian billionaires’ wealth hits $23.7bn, as over 133m people face hunger
FG to raise social sector spending to 10% By Gabriel Ewepu ABUJA- A report published by Oxfam ‘Takers Not Makers’, yesterday, revealed that four Nigerian billionaires’ wealth hit $23.7 billion, as ...
Davos Spotlight: Billionaires' Riches Triple As Anti-Poverty Advocates Warn of 'New Aristocracy'
Billionaire wealth surged by $2 trillion in 2024, growing three times faster than the previous year, as global inequality ...