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 is three times faster than in 2023.
Billionaire wealth surged in 2024, says Oxfam as world leaders meet for Davos
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.
Billionaires' wealth skyrocketing, anti-poverty group says ahead of Davos
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.
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 connections, Oxfam said in its annual inequality report.
Billionaire Wealth Surged By $2 Trillion Last Year, Report Shows
Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.
Billionaire wealth surges to ‘unimaginable' levels in 2024 as Oxfam predicts emergence of five trillionaires within a decade
Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.
Elon Musk Sent ‘Pathetic’ Emails Begging to Get Into Davos
Publicly Elon Musk couldn’t care less about attending the World Economic Forum in Davos, Switzerland, but privately he has a ...
Protesters are back at Davos, and two big issues are front of mind: Donald Trump and Elon Musk
Donald Trump and Elon Musk loom large over this year's World Economic Forum in Davos.
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Trump 2.0 boosts interest in Davos: World Economic Forum chief
DAVOS - Mr Donald Trump is not stepping foot in Davos this week but the head of the World Economic Forum says the new ...
World Economic Forum will highlight conflict, AI, climate change
More than 3,000 global leaders will meet in Switzerland next week to seek solutions for some of the most pressing issues of ...
Get ready for the world’s first trillionaires
Move over billionaires. The first trillionaires are on their way.
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At World Economic Forum, Oxfam Report predicts growing wealth inequality and the rise of ‘trillionaire’ political power
A leading NGO warned Monday of an emerging “aristocratic oligarchy” with massive political clout and primed to profit from ...
Oxfam says Musk backing Trump is the ‘crown jewel of global oligarchies’
Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in ...
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Elon Musk is being sued by the SEC over his Twitter takeover. What we know
Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing ... billion in October 2022 and rebranded it as X. Musk, the world’s richest man, is just days away from ...
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World’s Billionaires Saw Fortunes Rise by $2 Trillion in 2024
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.