The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.

Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.

The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality

Oxfam's latest report shows billionaire wealth surged by $2 trillion in 2024, with new billionaires minted daily. Discover how wealth inequality is widening globally.

In the United States "we are in a situation where you can buy a country, with the risk of weakening democracy", said the head of Oxfam France, Cecile Duflot. The world's three richest men will be at his inauguration: Musk, Amazon founder Jeff Bezos and ...

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"In Bezos’ case, the authorities likely initiated the search as part of their standard protocol." Jeff Bezos' $500M megayacht raided during Caribbean New Year celebration: 'Officials often conduct thorough checks' first appeared on The Cool Down.

In total, billionaire wealth skyrocketed by $2 trillion, adding more than 200 individuals to this cohort. The accumulation of riches at the very top is going so unchecked that Oxfam estimates there will be five trillionaires within the coming decade.

Time and time again when atrocities such as the Southport murders happen, prominent voices completely miss the point.

Costco shareholders rejected a proposal urging the wholesale club operator to evaluate any risks posed by its diversity, equity and inclusion practices. According to preliminary results shared by Costco executives at its annual meeting Thursday, more than 98% of shares voted against the proposal.

Oxfam activists briefly blocked the access road to the Davos heliport on Monday. Another group threw green paint on the facade of an Amazon pavilion in the village, holding a sign saying "drop ...