Billionaire wealth surged in 2024, says Oxfam

Move over billionaires. The first trillionaires are on their way.
Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest ...
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
Follow The Hindu’s updates of Day 1 of the World Economic Forum 2025, in Davos, Switzerland, on January 20, 2025 ...
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
A recent report by Oxfam International reveals a shocking truth. During colonial rule, the UK took around $64.82 trillion from India. Most of this wealth went to the richest 10% of people.
Per the Oxfam report, even during colonialism, a similar pattern was followed by allowing private multinational corporations ...