The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that is three times faster than in 2023.
A latest inequality report revealed a major prediction that within the coming decade approximately five renowned personalities on this planet can eventually become trillionaires.
The world could soon see its first trillionaires, with five individuals projected to reach the milestone within the next decade if current trends persist, according to Oxfam's annual inequality report released Sunday reported CNN Business.
The world's richest accumulated massive wealth in 2024, which some speculate could reach even greater heights in the next few years.
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that billionaires' wealth increased three times faster in 2024 than the previous year,
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald Trump.
But nothing all that golden is minting these new wealthy individuals.“Most billionaire wealth is taken, not earned, 60% comes from either inheritance, cronyism and corruption or
Currently the richest man in the world, Elon Musk, with earnings of 430 billion dollars, could become a trillionaire in a few years.
The three wealthiest Americans, Elon Musk, Jeff Bezos and Mark Zuckerberg, sat together Monday at the second inauguration of President Donald Trump.
Tech superinvestor Marc Andreessen has been traveling the podcast circuit, sharing his insider take on why his industry has veered sharply to the right of late. Eventually, these interviews, like his one with the New York Times ’ Ross Douthat, wind around to Andreessen’s theory of “the Deal, with a capital D:”
On the day of Donald Trump’s 2017 inauguration, a group of his top billionaire donors, including the casino magnate Miriam Adelson and the future Republican National Committee finance chair Todd Ricketts, hosted a small private party, away from the publicly advertised inaugural balls.