World leaders have gathered for the World Economic Forum annual meeting in Davos, Switzerland. One of their main goals is to align their responses to geopolitical shocks such as floods and wildfires that hamper trade,
A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.
Critics argue this surge in ultra-wealth worsens inequality, fueling calls for stronger taxes and regulation.
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.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
A new study from Oxfam projects that five individuals are on track to become trillionaires within the next ten years, amassing fortunes with 13 figures to their names. This projection marks a significant shift from a previous Oxfam report that indicated only one person would reach this milestone within a decade.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
Zionist Organization of America's Morton A. Klein said Trump is "the greatest president ever for Israel" - and for its billionaire supporters
In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be passed down to heirs.
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a
Billionaire wealth grew three times faster in 2024 than it did in 2023, Oxfam reported, citing data from Forbes. The increase in the world’s super-rich over the past 12 months has been
The Promenade in Davos, Switzerland is the focal point of the World Economic Forum’s annual meeting in the Swiss ski town — and AI is front and center