Billionaire wealth surged in 2024, says Oxfam

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
Move over billionaires. The first trillionaires are on their way.
Within a decade, the world could witness the emergence of its first trillionaire, Oxfam International warns in its latest ...
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
Follow The Hindu’s updates of Day 1 of the World Economic Forum 2025, in Davos, Switzerland, on January 20, 2025 ...
There is increasing disparity in the world today as an "aristocratic oligarchy" is amassing wealth at unforeseen levels, a ...
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
A recent report by Oxfam International reveals a shocking truth. During colonial rule, the UK took around $64.82 trillion ...
Drawing on a range of studies and research papers, Oxfam calculated that between 1765 and 1900, the richest 10 percent in the ...
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...