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.

Group’s report comes as the world’s political and financial elite prepare for an annual gathering in Davos, Switzerland.

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

Roughly 204 new billionaires were minted last year alone, according to Oxfam’s latest annual inequality report. After Oxfam's report was released, some of the world's wealthiest people called on ...

Like Biden's call for making billionaires "begin to pay their fair share" through the U.S. tax code, Oxfam - a global advocacy group - called on governments to tax the richest to reduce inequality ...

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

Billionaire wealth in Ireland increased by €35.6 million per day, Oxfam Ireland said upon the January 20 publication of Oxfam ...

The Oxfam report is based on data from sources including estimates of the wealth of billionaires made by the US business magazine Forbes and data from the World Bank. According to the report ...

The executive director of Oxfam International believes that the current economic system consolidates the growing level of ...

Oxfam, an independent non-governmental organisation, has revaleed that the wealth of four Nigerian billionaires can cover the whole of Lagos in 500 notes ...

TomasSereda/istockphotoWhat the world needs is more billionaires — said no one ever. And yet, here we are. Oxfam reports that ...