A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.
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.
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 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.
Billionaire wealth skyrocketed by USD 2 trillion in 2024, highlighting increasing inequality. Oxfam's report underscores the growing gap, with Asia contributing USD 299 billion. The wealth gap is fueled by inheritance,
According to the anti-poverty group Oxfam International, billionaire wealth surged by $2tn (€1.93bn) in 2024, equivalent to roughly $5.7bn (€5.5bn) a day, three times faster than the year ...
Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and ...
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Representative Marjorie Taylor Greene, a Georgia Republican, voiced her support on Friday for the recent halt in foreign aid seemingly impacting Ukraine. Newsweek has reached out to Greene and the White House via email for comment.
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Elon Musk, Mark Zuckerberg and Jensen Huang are among those expected to hit trillionaire status, with Oxfam suggesting that there will be five within the next 10 years. Within the next ten years five people will hold the title of trillionaire—with a 13-figure fortune to their name—according to a new study from Oxfam.
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