The Philippines' GNI rose to $4,470 in 2024 but remains short of upper-middle income status as inequality and political ...

A report by Patriotic Millionaires UK refutes the often-made claim that wealth taxes would led to capital flight and shows many rich individuals support higher taxes.

DAVOS, Switzerland — The world could have its first trillionaire within a decade, anti-poverty organization Oxfam International said Monday in its annual assessment of global inequalities timed ...

That's also a solution put forth in the annual Oxfam report released at the start of Davos, highlighting global inequality. Facts about billionaires This year Oxfam's focus is: People who have a ...

Oxfam Warns Of 'Aristocratic Oligarchy' As Elites Descend On Davos Forum The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.

Oxfam report said billionaire wealth grew by $2 trillion last year, or roughly $5.7 billion a day, three-times faster than in 2023.

Oxfam International executive director Amitabh Behar poses in Davos during the World Economic Forum (WEF) annual meeting on Jan. 20, 2025. Oxfam's latest report, "Takers Not Makers," warns of five ...

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some of the world's political and financial elite.

Oxfam International reported that billionaires' wealth increased three times faster in 2024 than in 2023, outpacing the previous year's growth. Ahead of the World Economic Forum in Davos, the ...

A British activist holds a sign during a protest against the WEF meeting in Davos [File: Fabrice Coffrini/AFP] On average, the wealth of a single billionaire increased by $2m a day, Oxfam said.

An Oxfam report says that "Since 2020, the richest five men in the world have doubled their fortunes. During the same period, almost five billion people globally have become poorer.

London — As hundreds of world leaders and chief executives headed to the Swiss ski resort of Davos Monday for this year’s five-day annual meeting of the World Economic Forum (WEF), Oxfam is ...