Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, ...

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

The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Trump, who ...

In response to President Trump appearing at this year's World Economic Forum remotely via video conference, Nabil Ahmed, Oxfam America’s Director of Economic and Racial Justice, said: “President Trump ...

Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while ...

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 over the next ...

Move over billionaires. The first trillionaires are on their way.

Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.

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

Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in ...