Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

A Russian court ordered Strabag and its Austrian core shareholders to pay 2.044 billion euros ($2.12 billion) to Russian ...

Nu Holdings Ltd , the fintech that created Latin America's most valuable lender in Nubank, is considering moving its legal ...

Marlene Engelhorn, heiress to a German fortune, joined protesters in Davos. She told BI the wealthy already hold too much ...

Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday as ...

It’s tragic that America had to come to this point. A few years of another Trump regime, even worse than the first, will be ...

The World Economic Forum has officially begun. What's at stake for the global development world? We bring you the chalet play ...

In 2024, the number of billionaires rose to 2,769 while their combined wealth surged from $13 trillion to $15 trillion ...

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

President-elect Donald Trump and his running mate JD Vance appeared solemn as they placed wreaths at the Tomb of the Unknown Soldier during a ceremony at Arlington National Cemetery Sunday.

As the World Economic Forum begins in Davos, business leaders are talking about what AI and Donald Trump will mean in 2025.

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...