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.
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.
A new aristocracy': Billionaire wealth surged by $2 trillion last year
An Oxfam report published Monday shows that the combined wealth of the world's billionaires surged three times faster in 2024 than the previous year, rising by $2 trillion as efforts to combat global poverty remained stagnant.
Billionaire wealth growing at 'unimaginable' rate as poverty persists, Oxfam says
Oxfam's annual inequality report shows the rapid acceleration of wealth accumulation by the world's richest in 2024, as 44 percent of the world continues to live in poverty. FRANCE 24's Business Editor Charles Pellegrin speaks with Oxfam International's Executive Director Amitabh Behar at the opening of the World Economic Forum in Davos,
Oxfam: Wealth of billionaires is growing ever faster
The wealth of the world's super-rich is growing ever faster, a study published on Monday by the development organization Oxfam has shown ahead of the World Economic Forum (WEF) in Davos. According to the report,
World Economic Forum says Trump to take part virtually in Davos meeting, days after inauguration
The World Economic Forum’s president says U.S. President Donald Trump will take part virtually in the annual meeting in Davos ...
Trump meets Biden at White House as details emerge of inauguration day border crackdown
Donald Trump is staying across the street at the President's guest house, also known as Blair House. At about 08:00 EST ...
Legit on MSN22h
Oxfam Warns Of 'Aristocratic Oligarchy' As Elites Descend On Davos Forum
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
'Oligarchy 2.0': Experts weigh in on whether Biden's warning about wealthy justified
Biden's farewell speech warning that oligarchs pose a threat to democracy has echoed a growing problem in the world, economic ...
Monocle3d
Will Biden’s legacy be defined by his determination to run again?
We discuss Joe Biden’s presidency and debate whether his determination to run again will overshadow his achievements in ...
The Economist2d
Checks and Balance newsletter: Joe Biden’s farewell shot at the oligarchy
This is the introduction to Checks and Balance, a weekly, subscriber-only newsletter bringing exclusive insight from our ...
Sam Altman, Mark Zuckerberg and biz leaders choose Trump inauguration over World Economic Forum in Davos, Switzerland
A well-placed venture capitalist helping craft Trump’s tech policy told NYNext that for the first time in years, “I don’t ...
As Biden exits, how will he be remembered for his handling of the U.S. economy?
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...
Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for ...