The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.
Five individuals are predicted to have net worths upwards of one trillion in a certain number of years. Can you guess who they are?
The world will soon have five trillionaires as the wealth growth rate of its richest people rises faster than earlier estimates, according to a recent forecast.
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes from either inheritance, cronyism and corruption or
Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few years.
Tech superinvestor Marc Andreessen has been traveling the podcast circuit, sharing his insider take on why his industry has veered sharply to the right of late. Eventually, these interviews, like his one with the New York Times ’ Ross Douthat, wind around to Andreessen’s theory of “the Deal, with a capital D:”
Is the "broligarchy" upon us? People online coined the term after Elon Musk, Mark Zuckerberg and Jeff Bezos attended Donald Trump's inauguration.