Billionaire wealth surged in 2024, says Oxfam

Billionaires' wealth grew three times faster in 2024 than the year before, top anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's ...
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their ...
World leaders have gathered for the World Economic Forum annual meeting in Davos, Switzerland. One of their main goals is to ...
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to ...
Move over billionaires. The first trillionaires are on their way.
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from ...