Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

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 ...

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990.

The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...

Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.

In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...

The World Economic Forum in Davos, Switzerland, is underway this week — and there ... That's also a solution put forth in the annual Oxfam report released at the start of Davos, highlighting global ...

The Oxfam report, which draws on data compiled by Forbes, is timed to coincide with the kickoff of the annual World Economic Forum meeting in Davos, Switzerland, an elite gathering of some of the ...

Climate breakdown and inequality are deeply interwoven, with each crisis exacerbating the other, according to a new report.

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 ...