Elon Musk, Mark Zuckerberg among five poised to join the trillionaire club by 2035
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.
How global inequalities hinder climate action
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,
‘We're in the era of the billionaire,' human rights expert says. Here's why wealth accumulation is accelerating
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.
Billionaires' wealth skyrocketed last year, anti-poverty group says ahead of Davos gathering
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.
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Five People Will Become Trillionaires In The Next Decade, According To New Report
Critics argue this surge in ultra-wealth worsens inequality, fueling calls for stronger taxes and regulation.
How 2024 Saw Boom For Billionaires
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
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Musk, Zuckerberg, and Huang among 5 set to become trillionaires in the next decade
According to a new study by Oxfam, five individuals are projected to reach trillionaire status within the next decade, each amassing a
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Elon Musk, Mark Zuckerberg, Jensen Huang to reach trillionaire status in next 10 years, new study says
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
AI mania takes over Davos as the world's biggest firms tout their offerings
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
Five Trillionaires Predicted to Emerge in Next Decade: Report
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
UK’s wealthiest 10% took half of India’s wealth during colonial era: Oxfam
Drawing on a range of studies and research papers, Oxfam calculated that between 1765 and 1900, the richest 10 percent in the UK extracted wealth from India equivalent to $33.8 trillion in today’s ter
These are the five people who could become trillionaires in the next few years
A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.