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 ...
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 ...
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
Move over billionaires. The first trillionaires are on their way.