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.

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.

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

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 ...

Why would Oxfam, a once-respected charity, publish a careless and ill thought-out piece of propaganda such as its latest pamphlet, Takers not Makers: The Unjust Poverty and Unearned Wealth of Colonialism?

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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.

Dr Edward Thomas JonesSenior Lecturer in Economics at Bangor Business SchoolBangor University Not having access to wealth makes people’s

Costco has claimed victory in pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any business risks posed by its diversity, equity

The remains of Sim Hwee Kok, a Singaporean killed in Taiwan's April 2024 earthquake, have been found and identified. Cost of living, housing prices, and the economy are key voters' concerns ahead of GE2025.