Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes ...
The Trillionaire Era: Five Billionaires Poised to Break the $1 Trillion Mark in the Next Decade
Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, ...
Newsweek on MSN12d
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...
financial-world11d
These five billionaires could hit $1 trillion in wealth by 2035
Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few ...
businessday7d
Five trillionaires expected within a decade, says Oxfam
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest ...
Report says when the world will have its first trillionaires, it's soon
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next ...
Reuters5d
LVMH touts good start to 2025 but Q4 results underwhelm
PARIS, Jan 28 (Reuters) - LVMH (LVMH.PA), opens new tab has made a good start to 2025, CEO Bernard Arnault said on Tuesday, after the luxury conglomerate posted a slight rise in fourth-quarter ...
Musk, Zuckerberg and Huang among 5 people now expected to become trillionaires within 10 years
Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that ...
Arab Times12d
Musk, Zuckerberg, and Huang among 5 set to become trillionaires in the next decade
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each ...