Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos - Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade,

Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

Latest assessment by Oxfam International, timed with the opening of the World Economic Forum, predicts that at least five trillionaires will emerge over the next decade. Billionaires' wealth grew three times faster in 2024 compared to the previous year,

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

According to Oxfam International, the wealth of billionaires globally grew three times faster in 2024 compared to the previous year, just as many of

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

DAVOS, Switzerland - A leading NGO warned on Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump

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.”

Billionaires' wealth grew three times faster in 2024 than the year before, a top anti-poverty group reported on Monday (Jan 20) as some of the world's political and financial elite prepared for an annual gathering in Davos,

The wealth of the world’s super-rich is growing ever faster. Oxfam published a study on Monday revealing there were 2769 billionaires worldwide in 2024 – an increase of 204 compared to the previous year.

Imagine earning $3.5 million ($US2 million) a day - that was the average daily income for the world's billionaires last year.

Billionaire wealth surged by $2 trillion in 2024—equivalent to $5.7 billion per day—as global inequality reached unprecedented levels, Oxfam International reported Monday. Oxfam's analysis, based on Forbes' Real-Time Billionaire List and World Bank ...