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

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

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

A leading NGO warned Monday of an emerging "aristocratic oligarchy" with massive political clout and primed to profit from ...

a top anti-poverty group reported on Monday as some of the world's political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest ...

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 ...

"Trillions are being gifted in inheritance, creating a new aristocratic oligarchy that has immense power in our politics and our economy," Oxfam said in its traditional annual pre-Davos report on ...

A British activist holds a sign during a protest against the WEF meeting in Davos [File: Fabrice Coffrini/AFP] On average, the wealth of a single billionaire increased by $2m a day, Oxfam said.

Oxfam International reported that billionaires' wealth increased three times faster in 2024 than in 2023, outpacing the previous year's growth. Ahead of the World Economic Forum in Davos, the group ...

Advertisement As it does ahead of each Davos Forum, the Britain-based non-governmental organization Oxfam International released its annual report on the worsening state of global inequality.

a top anti-poverty group reported on Monday as some of the world's political and financial elite prepared for an annual gathering in Davos, Switzerland. Oxfam International, in its latest ...