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.

Publicly Elon Musk couldn’t care less about attending the World Economic Forum in Davos, Switzerland, but privately he has a history of being the ultimate pick-me guy, according to the WEF’s former head of communications.

Move over billionaires. The first trillionaires are on their way.

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

The World Economic Forum’s president says U.S. President Donald Trump will take part virtually in the annual meeting in Davos just days after his inauguration.

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 fortunes increase by 114 percent since 2020, and the prospect of someone amassing $1,000 billion — a trillion — is now very real.

In a first-of-its-kind event, Elon Musk hosted a delegation of leading Indian business figures at SpaceX's Starbase facility in Texas. The exclusive gathering, led by India Global Forum (IGF) Founder Manoj Ladwa,

Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.

The gathering, led by India Global Forum (IGF) founder Manoj Ladwa, included entrepreneurs engaging with Musk. The delegates also toured the Starbase facility, where they saw the successful launch and booster catch of SpaceXs Starship Flight 7.

The Indian delegation, representing diverse sectors from technology and manufacturing to renewable energy, discussed opportunities for collaboration on global challenges. Topics included the role of technology in finance and regulation,

Meanwhile, a slew of other tech executives including Elon Musk, Jeff Bezos and Mark Zuckerberg are reportedly set to attend the events on Monday.

High-profile tech billionaires, including Jeff Bezos, Mark Zuckerberg and Elon Musk will sit front and center at President-elect Donald Trump's inauguration.