Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
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 ...
Malawi’s richest 10 percent are in control of about a third of the national income, highlighting persisting inequality gaps, ...
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
The capture of our global economy by a privileged few has reached heights once considered unimaginable,” said the executive ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.