Billionaires are multiplying, and 60% earn their wealth through ‘inheritance, cronyism, or monopoly power,’ Oxfam writes
In total, billionaire wealth skyrocketed by $2 trillion, adding more than 200 individuals to this cohort. The accumulation of ...
Costco defends its diversity policies as other US companies scale theirs back
Costco is pushing back on a shareholder proposal that urges the wholesale club operator to conduct an evaluation of any ...
Oxfam says world ruled by “aristocratic oligarchy,” as billionaire wealth surges by $2 trillion
The charity reported that the wealth of the world's billionaires grew from $13 trillion to $15 trillion in 2024, a rate that ...
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7 ways you helped Oxfam fight for a more just and equal future in 2024
2024 was a year of unparalleled humanitarian crises. At top of mind are the conflicts, protracted crises, and severe weather ...
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Oxfam Warns Of 'Aristocratic Oligarchy' As Elites Descend On Davos Forum
The World Economic Forum kicks off in the Swiss Alpine resort on the same day as the presidential inauguration of Donald ...
Billionaire wealth on the rise, says Oxfam, warning of 'aristocratic oligarchy'
As global elites arrive in Davos for the annual World Economic Forum, the global advocacy group Oxfam reported that ...
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Billionaires now richer, more powerful, Oxfam warns
Behar said the planet's five richest people — Tesla CEO Elon Musk, LVMH owner Bernard Arnault, Amazon founder Jeff Bezos, Oracle founder Larry Ellison, and investor Warren Buffett — have seen their ...
These are the five people who could become trillionaires in the next few years
A latest inequality report revealed a major prediction that within the coming decade approximately five renowned ...
Billionaires’ wealth grew by £1.6 trillion last year, Oxfam says
Billionaire wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as ...
Why to tax the ultra-rich: Oxfam report highlights growing wealth of billionaires
In 2024, the wealth of the world’s billionaires soared by an astounding $2 trillion (£1.64 trillion), a growth rate three times faster than the previous year, a ...