Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.
Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, ...
Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful ...
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that ...
Move over billionaires. The first trillionaires are on their way.
The total number of billionaires (in $US) rose by 204 to 2,769 in just 12 months, according to the Oxfam report, and their total combined wealth jumped from US$12 trillion ($19 trillion) to US$15 ...
Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in ...
According to Oxfam, Irish billionaire wealth could carpet the whole of Phoenix Park in €50 notes almost 1.5 times over ...
Billionaires' wealth grew three times faster in 2024 than the year before, while the number of the world’s poor has barely changed over the last quarter-century, a top anti-poverty group reported ...
Oxfam said trillionaires are expected to emerge within the next decade, as the richest 1% now own 45% of global wealth, while 44% of humanity lives on less than $6.85 per day.
Imagine earning $3.5 million ($US2 million) a day - that was the average daily income for the world's billionaires last year.