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

Billionaires' wealth grew three times faster in 2024 than the year before, top anti-poverty group Oxfam International reported in its latest assessment of global inequality as some of the world's ...

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

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 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.