In total, billionaire wealth skyrocketed by $2 trillion, adding more than 200 individuals to this cohort. The accumulation of ...
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 ...
The report stressed that much of today's billionaire wealth is unearned, often linked to monopolies, cronyism, or inheritance ...
In the United States "we are in a situation where you can buy a country, with the risk of weakening democracy", said the head ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that ...
This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this ...
Calling out Amazon founder Jeff Bezos’ domain of online purchases in many countries and Aliko Dangote’s hold on cement in Nigeria, Oxfam says that about 18% of billionaires’ wealth comes ...
Oxfam’s examination of billionaire assets ... they would remain billionaires. They include the Amazon founder, Jeff Bezos, with a net worth of $219.4billion, whose Amazon “empire” accounts ...
In 2024, the wealth of the world’s billionaires soared by an astounding $2 trillion (£1.64 trillion), a growth rate three times faster than the previous year, a ...
Oxfam warns that the fight against poverty has ... The ten wealthiest men, including Amazon’s Jeff Bezos, SpaceX’s Elon Musk, and Africa’s richest person Aliko Dangote, saw their fortunes ...