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

The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Trump, who ...

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even ...

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

Billionaire wealth surged by $2 trillion in 2024—equivalent to $5.7 billion per day—as global inequality reached unprecedented levels, Oxfam International reported Monday. Oxfam's analysis ...

Last year marked the second-largest annual increase in billionaire wealth since records started, according to Oxfam.

Trump set himself above the bank and energy executives on the panel, who groveled, flattered and praised him. But like every dictator, he speaks not only for himself but for a social class.

But he notes that in reality, Davos was born in the 1990s at the peak of globalization – a time when the Oxfam report had more influence on discussions and solutions to creating a more equitable ...

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.