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.
Oxfam’s new report estimates that 54 percent of billionaire wealth is either inherited or stems from monopoly power.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
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 ...
The world is set to witness the emergence of five trillionaires within the next decade, according to Oxfam's latest inequality
Calling out Amazon founder Jeff Bezos’ domain of online purchases in many countries and Aliko Dangote’s hold on cement in Nigeria, Oxfam says that about 18% of billionaires’ wealth comes ...
Last year marked the second largest annual increase in billionaire wealth since records started, according to Oxfam. The global charity now predict at least five trillionaires within a decade.
"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.
Decided to add this retail giant to your portfolio? Here's what you need to know before buying Amazon stock. Many, or all, of the products featured on this page are from our advertising partners ...
Founder Laura Harnett secured £50k in return for a 4% stake from Deborah Meaden and Woodall in the latest edition of the BBC One programme, aired this evening
This week's question: Elon Musk, Jeff Bezos, and three other überwealthy individuals are poised to become trillionaires in the next decade, according to a new study from Oxfam. What would you title a memoir by one of them about why he deserves to be the world's first trillionaire?