The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
In total, billionaire wealth skyrocketed by $2 trillion, adding more than 200 individuals to this cohort. The accumulation of ...
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest ...
The report stressed that much of today's billionaire wealth is unearned, often linked to monopolies, cronyism, or inheritance ...
Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
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 ...
Oxfam and its supporters warn that such concentrations ... From left, Facebook CEO Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla boss Elon Musk ...
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 ...
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that ...