Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of 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 ...

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 ...

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 ...

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.

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.

Meanwhile, Celine Dion delivered a pre-recorded address during Tuesday’s semi-final amid speculation she may return to Switzerland, ...

The report, which draws on data compiled by Forbes, is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the ...

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 ...

Despite a slight reduction in overall wealth, billionaires and major corporations became “dramatically richer” in 2022 and were the main driver of global inflation.

Oxfam International reported that billionaires' wealth increased three times faster in 2024 than in 2023, outpacing the previous year's growth. Ahead of the World Economic Forum in Davos, the ...