Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.

Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and SpaceX ...

Oxfam’s latest inequality report, unveiled on the eve of the World Economic Forum in Davos, projects that five billionaires, led by Elon Musk, are set to surpass $1 trillion in wealth within a decade.

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

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

Oxfam pointed out that Tesla and X owner Elon Musk helped to bankroll Trump’s campaign. “The crown jewel of this oligarchy is a billionaire president, backed and bought by the world’s richest man Elon ...

Oxfam warned that global society is increasingly ... The world’s richest individuals are Tesla and SpaceX founder Elon Musk, with a net worth of $449 billion; Amazon CEO Jeff Bezos, with a ...

Five people are expected to amass at least $1 trillion in wealth within the next decade, if current trends continue, according to Oxfam’s annual inequality report, released Sunday. Tesla and ...