Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
Switzerland. Oxfam International, in its latest assessment of global inequality timed to the opening of the World Economic Forum meeting, also predicts at least five trillionaires will crop up ...
Malawi’s richest 10 percent are in control of about a third of the national income, highlighting persisting inequality gaps, ...
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Trump's second presidency dominated proceedings at the World Economic Forum amid ominous warnings over the looming threat of ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.