Billionaires' wealth skyrocketed last year, anti-poverty group says ahead of Davos gathering
Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.
Billionaires’ wealth soared in 2024, anti-poverty group says
OxFam International’s research adds weight to a warning by outgoing President Joe Biden last week of a “dangerous concentration of power in the hands of very few ultra-wealthy people.”
Oxfam says billionaires’ wealth soared in 2024, with 4 ‘minted’ every week
Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
Billionaire Wealth Soars While Global Poverty Stagnates, Oxfam Report Warns of Growing Inequality
The wealth of the world’s billionaires skyrocketed by a staggering 2$ trillion (£1.64 trillion) in 2024, a surge three times
Billionaire wealth growing at 'unimaginable' rate as poverty persists, Oxfam says
Oxfam's annual inequality report shows the rapid acceleration of wealth accumulation by the world's richest in 2024, as 44 percent of the world continues to live in poverty. FRANCE 24's Business
Billionaires' wealth grow three times faster in 2024, says Oxfam report
According to Oxfam International, the wealth of billionaires globally grew three times faster in 2024 compared to the previous year, just as many of
Billionaire wealth surged in 2024, says Oxfam as world leaders meet for Davos
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, according to a new report released Monday.
Oxfam says world ruled by “aristocratic oligarchy,” as billionaire wealth surges by $2 trillion
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
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Billionaires now richer, more powerful, Oxfam warns
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their ...
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World’s Billionaires Saw Fortunes Rise by $2 Trillion in 2024
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
Five Trillionaires Predicted to Emerge in Next Decade: Report
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Get ready for the world’s first trillionaires
Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, ...
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New ‘oligarchy’ under fire as elites descend on Davos
A leading NGO warned Monday of an emerging “aristocratic oligarchy” with massive political clout and primed to profit from ...
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
EU's Von der Leyen says need to work together to avoid global race to the bottom
Europe has entered a new era of harsh geostrategic competition and will have to work together to avoid a global race to the ...