The stark reality of global wealth inequality has never been more apparent. At the turn of this year, Oxfam published a report that made for uncomfortable reading. What it revealed was stunning ...

The global wealth will increase to $629 trillion by 2027, increasing by 38% over the next five years, as per the Global Wealth Report. The wealth per adult is expected to reach $110,270 in 2027.

Across the globe, people hold very different beliefs about whether having too much money is morally wrong. Some see extreme wealth as a personal success to be admired. Others, especially in more ...

This year’s headline finding in the report is that “global wealth grew by 4.6 per cent in 2024, after a 4.2 per cent increase in 2023, continuing a consistent upward trend.” ...

However, overall global wealth growth is down, from an annual average of 7% between 2000 and 2010 to just over 4.5% between 2010 and 2023, the report said.

According to the report, global HNWI wealth expanded by 4.7% in 2023 reaching $86.8 trillion. Similarly, the HNWI population increased by 5.1% to 22.8 million globally and continues to grow ...

Brazil commissioned a report calling for the world's billionaires to pay 2% of their wealth in income tax, a plan that would raise up to $250 billion annually from about 3,000 people.