Critics argue this surge in ultra-wealth worsens inequality, fueling calls for stronger taxes and regulation.

Billionaires' wealth soared in 2024, a top anti-poverty group said ahead of an annual gathering in Davos, Switzerland of some ...

World leaders have gathered for the World Economic Forum annual meeting in Davos, Switzerland. One of their main goals is to ...

The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few ...

Billionaire wealth skyrocketed by USD 2 trillion in 2024, highlighting increasing inequality. Oxfam's report underscores the ...

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

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 ...