Billionaires' wealth grew three times faster in 2024 than the year before, top anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's political and financial elite prepared for the opening of the World Economic Forum,
Move over billionaires. The first trillionaires are on their way.
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
Follow The Hindu’s updates of Day 1 of the World Economic Forum 2025, in Davos, Switzerland, on January 20, 2025
Oxfam’s ‘Million Pound Pint’ campaign aims to highlight the disparity between the super-rich and the rest of the population.
a report published by development organization Oxfam said. Published ahead of the World Economic Forum (WEF) in Davos, the report titled "Takers Not Makers" said billionaire wealth soared by $2 trillion in 2024, growing three times faster than the previous ...
The collective wealth of the world's billionaires rose by $2 trillion in 2024 to $15 trillion, according to a report published Monday by anti-poverty charity Oxfam International. The rapid ...
Oxfam International reported that billionaires' wealth increased three times faster in 2024, outpacing the previous year's growth. Ahead of the World Economic Forum in Davos, the group also
US president addresses global elites via video link as he sets out his vision for the world over the next four years.