Billionaires' wealth grew three times faster in 2024 than the year before, top anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's ...

But, a new report from Oxfam International, published on the first day of the meeting in Davos, highlights how global inequality is more rampant than ever. The report, written by a team of policy ...

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990 ...

The ultra-rich pose a threat to our democratic institutions—and the problem will deepen if extreme wealth is left unchecked.

In 2024, an average of nearly four new billionaires were coined every week, according to Oxfam. Much of their wealth will be ...

The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.

The World Economic Forum has officially begun. What's at stake for the global development world? We bring you the chalet play ...

At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.

Billionaire wealth surged last year, with the world's richest individuals adding $2 trillion to their pockets in 2024, ...

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from Donald Trump's presidency, as global elites descend on Davos for their annual ...