Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest ...
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
Billionaire wealth grew by $2tn in 2024, three times faster than the previous year, according to Oxfam's latest report on ...
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Billionaire wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990 ...
Oxfam's annual inequality report shows the rapid acceleration of wealth accumulation by the world's richest in 2024, as 44 ...
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.