Davos, Switzerland — Billionaires ' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as some of the world's political and financial elite ...

Oxfam says billionaires’ wealth soared in 2024, with 4 ‘minted’ every week. The group’s report comes as some of the world’s political and financial elite prepare for an annual gathering ...

Davos, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed ...

The world's five richest men more than doubled their fortunes from $405 billion to $869 billion since 2020, while almost 5 billion people around the world became poorer.

Oxfam believes the rates on the top 1% should be high enough to significantly reduce their numbers and wealth. The funds should then be redistributed. “We do face an extreme crisis of wealth ...

In the report, titled “Survival of the Richest” and delivered ahead of the World Economic Forum meeting in Davos, Switzerland, ... Oxfam reported that for the first time in 25 years, ...

As the gathering of the global elites at the annual World Economic Forum meeting in Davos, Switzerland gets underway, the international aid agency Oxfam has published a devastating report on the ...

What’s more, the top 1% holds 43% of the world’s financial assets, according to Oxfam, drawing on data from Wealth X. In the United States, this group owns 32%; in Asia, it’s 50%.

These findings by Oxfam, from a report titled An economy for the 99%, was released Sunday as the globe's leaders and the business elite traveled to Davos, Switzerland, for this week's annual ...

Workers at Oxfam have been demonstrating against job cuts. Unite members gathered outside the London, Manchester and Oxford offices because of what they called redundancy and outsourcing plans by ...